New Age Metals Inc. (CVE:NAM – Get Free Report) was up 100% on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 549,147 shares were traded during trading, an increase of 809% from the average daily volume of 60,441 shares. The stock had previously closed at C$0.11.
New Age Metals Stock Up 100.0%
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 firm has a market cap of C$10.98 million, a price-to-earnings ratio of -12.84 and a beta of 1.32. The firm has a 50-day moving average price of C$0.12 and a two-hundred day moving average price of C$0.10.
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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