New Age Metals (CVE:NAM) Shares Up 38.1% – Still a Buy?

Shares of New Age Metals Inc. (CVE:NAMGet Free Report) traded up 38.1% during mid-day trading on Tuesday . The stock traded as high as C$0.15 and last traded at C$0.15. 438,547 shares changed hands during trading, an increase of 678% from the average session volume of 56,334 shares. The stock had previously closed at C$0.11.

New Age Metals Stock Up 100.0%

The company has a current ratio of 52.48, a quick ratio of 17.88 and a debt-to-equity ratio of 0.74. The firm has a market capitalization of C$10.98 million, a PE ratio of -12.84 and a beta of 1.32. The firm has a 50-day moving average of C$0.11 and a two-hundred day moving average of C$0.10.

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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