Noront Resources (CVE:NOT) Shares Down 0.5% – Here’s What Happened
by Jessica Moore · The Cerbat GemNoront Resources Ltd. (CVE:NOT – Get Free Report)’s stock price was down 0.5% during trading on Tuesday . The company traded as low as C$1.09 and last traded at C$1.09. 68,388 shares traded hands during mid-day 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 stock has a market capitalization of C$612.18 million and a P/E ratio of -7.20. The firm has a fifty day moving average price of C$1.09 and a two-hundred day moving average price of 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. The company was formerly known as White Wing Resources Inc and changed its name to Noront Resources Ltd. in July 1983. Noront Resources Ltd.