Yes, assuming the spongy part has not deteriorated, get some contact cement and follow the directions. Coat the metal and the spongy with a thin coat of the cement. Let dry till tacky and then carefully press the spongy into place. Make sure you get it straight as once the glue touches it grabs. Start one end and then roll it down into place.
If the spngy part has deteriorated, find new material and apply as above.