Noram Lithium (CVE:NRM) Reaches New 1-Year Low – Should You Sell?

Noram Lithium Corp. (CVE:NRMGet Free Report)’s share price reached a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 28000 shares trading hands. The stock had previously closed at C$0.10.

Noram Lithium Price Performance

The company has a market cap of C$8.01 million, a P/E ratio of -1.50 and a beta of 1.26. The company has a current ratio of 4.57, a quick ratio of 26.78 and a debt-to-equity ratio of 0.39. The firm’s 50 day moving average price is C$0.13 and its 200-day moving average price is C$0.17.

Noram Lithium Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Noram Lithium Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Noram Lithium and related companies with MarketBeat.com's FREE daily email newsletter.