New Age Metals Inc. (CVE:NAM – Get Free Report)’s stock price rose 36.8% during trading on Saturday . The company traded as high as C$0.26 and last traded at C$0.26. Approximately 356,427 shares changed hands during mid-day trading, an increase of 457% from the average daily volume of 63,934 shares. The stock had previously closed at C$0.19.
New Age Metals Trading Up 36.8%
The stock’s fifty day moving average is C$0.13 and its 200 day moving average is C$0.10. The company has a debt-to-equity ratio of 0.74, a quick ratio of 17.88 and a current ratio of 52.48. The stock has a market cap of C$13.60 million, a P/E ratio of -15.89 and a beta of 1.32.
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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