Noram Lithium (CVE:NRM) Director C. Tucker Barrie Acquires 200,000 Shares of Stock

Noram Lithium Corp. (CVE:NRM) Director C. Tucker Barrie bought 200,000 shares of the company’s stock in a transaction dated Friday, July 24th. The stock was bought at an average cost of C$0.07 per share, with a total value of C$14,000.00. Following the acquisition, the director directly owned 2,519,000 shares of the company’s stock, valued at approximately C$176,330. The trade was a 8.62% increase in their position.

Noram Lithium Stock Performance

Shares of NRM remained flat at C$0.07 during mid-day trading on Monday. 317,500 shares of the stock were exchanged, compared to its average volume of 83,328. The business’s fifty day moving average price is C$0.12 and its 200 day moving average price is C$0.14. Noram Lithium Corp. has a one year low of C$0.07 and a one year high of C$0.20. The company has a quick ratio of 26.78, a current ratio of 0.84 and a debt-to-equity ratio of 1.92. The company has a market cap of C$6.34 million, a P/E ratio of -7.00 and a beta of -1.35.

Noram Lithium Company Profile

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.