Fundamental Research Analysts Give Noram Lithium (CVE:NRM) a C$2.07 Price Target

Noram Lithium (CVE:NRMGet Free Report) has been given a C$2.07 price objective by stock analysts at Fundamental Research in a research report issued on Tuesday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock.

Noram Lithium Trading Down 14.5 %

CVE:NRM opened at C$0.24 on Tuesday. Noram Lithium has a 12 month low of C$0.10 and a 12 month high of C$0.65. The company has a quick ratio of 26.78, a current ratio of 6.92 and a debt-to-equity ratio of 0.78. The firm has a market cap of C$20.89 million, a price-to-earnings ratio of -2.12 and a beta of 1.84. The company’s 50 day moving average is C$0.19 and its 200-day moving average is C$0.21.

About Noram Lithium

(Get Free Report)

Noram Lithium Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. Its flagship property is the Zeus Lithium project consisting of 146 placer claims and 136 lode claims covering an area of approximately 1,113 hectares located in Clayton Valley, Nevada.

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