Noram LithiumCA65542K1030NRMNRM
Financials
Market Cap
$18.61M5Y beta
1.46EPS (TTM)
-$0.045Free Float
78.25MEBITDA (TTM)
-$4.34MFree Cashflow (TTM)
-$6.29MPricing
Analyst Ratings
The price target is $0.55 and the stock is covered by 1 analysts.
Buy
1
Hold
0
Sell
0
Information
Noram Lithium Corp. is a Canada-based junior exploration and development company. The Company is focused on advancing its Zeus Lithium Project (Zeus) in Clayton Valley, Nevada. The Zeus consists of 146 placer claims and 136 lode claims. The Zeus property is approximately halfway between Las Vegas and Reno; and within two kilometers of Albemarle Corporation’s lithium brine producing operations (Silver Peak Mine). The perimeter of the Zeus claims is located within 1-mile (1.6 kilometers) of Albemarle Corporation’s (Albemarle’s) lithium brine operations. The property is comprised of 1,133 hectares which is the equivalent of 2,800 acres. The Zeus project indicated resource estimate of 5.17 million tons (Mt) LCE (1,034 Mt at 941 ppm lithium), and Inferred Resources of 1.09 Mt LCE (235 Mt at 871 ppm lithium).