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

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

Noram Lithium Stock Performance

Shares of NRM stock opened at C$0.07 on Wednesday. The company has a current ratio of 0.84, a quick ratio of 26.78 and a debt-to-equity ratio of 1.92. The stock has a 50 day simple moving average of C$0.12 and a 200-day simple moving average of C$0.14. The company has a market cap of C$6.34 million, a price-to-earnings ratio of -7.00 and a beta of -1.35. Noram Lithium Corp. has a 12-month low of C$0.07 and a 12-month high of C$0.20.

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.