New Age Metals (CVE:NAM) Sets New 12-Month High – Time to Buy?

New Age Metals Inc. (CVE:NAMGet Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as C$0.40 and last traded at C$0.39, with a volume of 116942 shares trading hands. The stock had previously closed at C$0.35.

New Age Metals Price Performance

The stock has a market capitalization of C$21.96 million, a P/E ratio of -43.89 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. The stock has a 50-day simple moving average of C$0.25 and a 200 day simple moving average of C$0.20.

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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