NRG Metals (CVE:NGZ) Shares Up 25%

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NRG Metals Inc (CVE:NGZ) shares shot up 25% during mid-day trading on Wednesday . The company traded as high as C$0.20 and last traded at C$0.20, 35,425 shares were traded during mid-day trading. A decline of 34% from the average session volume of 54,009 shares. The stock had previously closed at C$0.16.

The business’s fifty day moving average is C$0.22. The company has a debt-to-equity ratio of 98.51, a current ratio of 0.13 and a quick ratio of 0.12. The firm has a market capitalization of $5.51 million and a PE ratio of -1.06.

NRG Metals Company Profile (CVE:NGZ)

NRG Metals Inc, an exploration stage junior mining company, engages in the identification, acquisition, and exploration of lithium brine projects in Argentina. It holds interests in the Hombre Muerto North lithium project covering approximately 3,287 hectares located in Salar del Hombre Muerto; and the Salar Escondido Lithium project totaling approximately 29,180 hectares located in Catamarca province.

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