Noront Resources (CVE:NOT) Hits New 1-Year Low at $0.17

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Noront Resources Ltd (CVE:NOT) shares reached a new 52-week low on Wednesday . The company traded as low as C$0.17 and last traded at C$0.18, with a volume of 28009 shares traded. The stock had previously closed at C$0.18.

The stock has a market capitalization of $67.67 million and a P/E ratio of -4.17. The stock’s fifty day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.23.

Noront Resources (CVE:NOT) last posted its earnings results on Wednesday, August 28th. The company reported C($0.01) earnings per share for the quarter.

About Noront Resources (CVE:NOT)

Noront Resources Ltd., a resource company, engages in the acquisition, development, and exploration of base and precious metals in Canada. The company explores for nickel, copper, platinum group metals, chromite, iron, titanium, vanadium, gold, silver, and palladium deposits. Its flagship property is the Eagle's Nest project located in the James Bay Lowlands, Ontario.

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