New Age Metals Inc. (CVE:NAM – Get Free Report) shares fell 14.3% during mid-day trading on Friday . The company traded as low as C$0.20 and last traded at C$0.21. Approximately 447,686 shares traded hands during trading, an increase of 299% from the average daily volume of 112,216 shares. The stock had previously closed at C$0.24.
New Age Metals Price Performance
The stock has a market cap of C$15.31 million, a PE ratio of 42.00 and a beta of -0.65. The firm’s fifty day moving average price is C$0.26 and its 200 day moving average price is C$0.32. The company has a quick ratio of 17.88, a current ratio of 28.08 and a debt-to-equity ratio of 0.30.
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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