Noront Resources Ltd. (CVE:NOT – Get Free Report) shares fell 0.5% on Monday . The company traded as low as C$1.09 and last traded at C$1.10. 68,388 shares traded 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 company has a market capitalization of C$612.18 million and a price-to-earnings ratio of -7.20. The company’s fifty day simple moving average is C$1.09 and its two-hundred day simple moving average is C$1.09.
About Noront Resources
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.
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