Noram Lithium Corp. (CVE:NRM – Get Free Report) hit a new 52-week low on Thursday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 73900 shares changing hands. The stock had previously closed at C$0.10.
Noram Lithium Stock Performance
The company has a current ratio of 0.84, a quick ratio of 26.78 and a debt-to-equity ratio of 1.92. The company’s 50-day moving average price is C$0.16 and its two-hundred day moving average price is C$0.14. The company has a market cap of C$8.15 million, a P/E ratio of -9.00 and a beta of -1.61.
Noram Lithium Company Profile
Noram Lithium Corp., through its subsidiary, Green Energy Resources Inc, engages in the acquisition, exploration, and development of mineral exploration properties. It holds 100% interests in the Zeus lithium project with 146 placer claims and 136 lode claims covering an area of 1,113 hectares located in Clayton Valley, Nevada, the United States. The company was formerly known as Noram Ventures Inc and changed its name to Noram Lithium Corp. in July 2021. The company was incorporated in 2010 and is headquartered in Vancouver, Canada.
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