New Age Metals (CVE:NAM) Trading 33.3% Higher – Here’s What Happened

New Age Metals Inc. (CVE:NAMGet Free Report) shares traded up 33.3% during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.10. 302,532 shares changed hands during trading, an increase of 427% from the average session volume of 57,360 shares. The stock had previously closed at C$0.08.

New Age Metals Price Performance

The firm has a market capitalization of C$5.23 million, a PE ratio of -6.11 and a beta of 1.32. The company has a fifty day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09. The company has a current ratio of 52.48, a quick ratio of 17.88 and a debt-to-equity ratio of 0.74.

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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