New Age Metals Inc. (CVE:NAM – Get Free Report) fell 2% during mid-day trading on Tuesday . The company traded as low as C$0.24 and last traded at C$0.24. 16,840 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 115,823 shares. The stock had previously closed at C$0.24.
New Age Metals Price Performance
The stock has a 50 day moving average of C$0.26 and a 200-day moving average of C$0.33. The company has a debt-to-equity ratio of 0.30, a quick ratio of 17.88 and a current ratio of 28.08. The company has a market cap of C$17.49 million, a PE ratio of 48.00 and a beta of -0.65.
New Age Metals Company Profile
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.
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