New Age Metals (CVE:NAM) Trading Up 33.3% – Should You Buy?

New Age Metals Inc. (CVE:NAMGet Free Report) shares were up 33.3% during trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 302,532 shares were traded during mid-day trading, an increase of 445% from the average daily volume of 55,515 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 business’s 50 day moving average is C$0.08 and its two-hundred day moving average is C$0.09. The company has a debt-to-equity ratio of 0.74, a quick ratio of 17.88 and a current ratio of 52.48.

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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