Key Points
- Director C. Tucker Barrie purchased 200,000 Noram Lithium shares at an average price of C$0.07, investing C$14,000 and increasing his holdings by 8.62% to 2.519 million shares.
- Noram Lithium shares opened at C$0.07, near the company’s 52-week low, compared with a 52-week high of C$0.20. The company has a market capitalization of approximately C$6.34 million.
- Noram Lithium focuses on acquiring and developing mineral properties, including its wholly owned Zeus lithium project in Clayton Valley, Nevada, spanning 1,113 hectares.
Noram Lithium Corp. (CVE:NRM - Get Free Report) Director C. Tucker Barrie purchased 200,000 shares of the firm's stock in a transaction dated Friday, July 24th. The shares were bought at an average price of C$0.07 per share, with a total value of C$14,000.00. Following the purchase, the director owned 2,519,000 shares in the company, valued at C$176,330. This represents a 8.62% increase in their position.
Noram Lithium Stock Performance
Shares of CVE NRM opened at C$0.07 on Tuesday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 26.78 and a current ratio of 0.84. The firm has a market cap of C$6.34 million, a price-to-earnings ratio of -7.00 and a beta of -1.35. The business's 50-day simple moving average is C$0.12 and its 200-day simple moving average is C$0.14. Noram Lithium Corp. has a 52 week low of C$0.07 and a 52 week high of C$0.20.
Noram Lithium Company Profile
(
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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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