New Age Metals (CVE:NAM) Reaches New 12-Month Low – What’s Next?

New Age Metals Inc. (CVE:NAMGet Free Report)’s stock price reached a new 52-week low on Monday . The company traded as low as C$0.20 and last traded at C$0.22, with a volume of 18274 shares changing hands. The stock had previously closed at C$0.23.

New Age Metals Stock Performance

The firm’s 50 day moving average is C$0.26 and its 200 day moving average is C$0.32. The company has a debt-to-equity ratio of 0.24, a quick ratio of 17.88 and a current ratio of 36.22. The stock has a market cap of C$16.21 million, a P/E ratio of 44.40 and a beta of -0.65.

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.

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