New Age Metals (CVE:NAM) Hits New 1-Year Low – Time to Sell?

Shares of New Age Metals Inc. (CVE:NAMGet Free Report) hit a new 52-week low during mid-day trading on Friday . The company traded as low as C$0.07 and last traded at C$0.08, with a volume of 123400 shares traded. The stock had previously closed at C$0.09.

New Age Metals Stock Performance

The company has a market cap of C$4.17 million, a P/E ratio of -7.50 and a beta of 1.32. The company has a quick ratio of 17.88, a current ratio of 11.85 and a debt-to-equity ratio of 0.84. The company has a 50 day moving average price of C$0.08 and a 200-day moving average price of C$0.08.

About New Age Metals

(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.

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