Noront Resources (CVE:NOT) Shares Down 0.5% – Time to Sell?

Noront Resources Ltd. (CVE:NOTGet Free Report)’s stock price traded down 0.5% during mid-day trading on Monday . The company traded as low as C$1.09 and last traded at C$1.10. 68,388 shares changed hands during trading, a decline of 87% from the average session volume of 512,544 shares. The stock had previously closed at C$1.10.

Noront Resources Stock Performance

The business has a 50-day moving average of C$1.09 and a 200-day moving average of C$1.09. The stock has a market capitalization of C$612.18 million and a price-to-earnings ratio of -7.20.

Noront Resources Company Profile

(Get Free Report)

Noront Resources Ltd., a resource company, engages in the acquisition, development, and exploration of base and precious metals in Canada. It explores for nickel, copper, zinc, platinum group metals, chromite, iron, titanium, vanadium, gold, and silver. The company's flagship property is the Eagle's Nest project located in the James Bay Lowlands, Ontario.

Further Reading

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