New Age Metals (CVE:NAM) Stock Price Down 30.4% – Here’s What Happened

New Age Metals Inc. (CVE:NAMGet Free Report)’s share price was down 30.4% during trading on Thursday . The stock traded as low as C$0.16 and last traded at C$0.16. Approximately 169,308 shares were traded during trading, an increase of 174% from the average daily volume of 61,840 shares. The stock had previously closed at C$0.23.

New Age Metals Stock Performance

The company has a 50 day moving average price of C$0.24 and a 200 day moving average price of C$0.19. The company has a market capitalization of C$8.89 million, a PE ratio of -17.78 and a beta of -0.01. The company has a debt-to-equity ratio of 0.74, a quick ratio of 17.88 and a current ratio of 52.48.

New Age Metals Company Profile

(Get Free Report)

New Age Metals Inc, a mineral exploration company, engages in the acquisition, exploration, and development of platinum group metals (PGMs), and precious and base metal properties in Canada. The company explores for rhodium, palladium, platinum, gold, nickel, copper, and lithium deposits. It holds interests in the River Valley PGE project located in the Dana and Pardo townships of Northern Ontario; the Genesis PGE project located in south central Alaska; and lithium projects situated to the northeast of Winnipeg, Manitoba.

Further Reading

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