Fundamental Research set a C$1.14 target price on Noram Lithium (CVE:NRM – Free Report) in a report published on Thursday morning,BayStreet.CA reports. The firm currently has a buy rating on the stock.
Noram Lithium Trading Down 5.0 %
Shares of NRM opened at C$0.10 on Thursday. Noram Lithium has a 1-year low of C$0.09 and a 1-year high of C$0.38. The company has a market capitalization of C$8.46 million, a P/E ratio of -1.58 and a beta of 1.26. The company has a debt-to-equity ratio of 0.39, a current ratio of 4.57 and a quick ratio of 26.78. The firm’s 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.14.
About Noram Lithium
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