Shares of New Age Metals Inc. (CVE:NAM – Get Free Report) traded up 13.3% during mid-day trading on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09. 223,032 shares changed hands during trading, an increase of 302% from the average session volume of 55,467 shares. The stock had previously closed at C$0.08.
New Age Metals Price Performance
The stock has a market capitalization of C$5.23 million, a P/E ratio of -6.11 and a beta of 1.32. The company has a 50 day moving average of C$0.08 and a 200-day moving average of C$0.09. The company has a quick ratio of 17.88, a current ratio of 52.48 and a debt-to-equity ratio of 0.74.
About New Age Metals
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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