New Age Metals (CVE:NAM) Trading 30.8% Higher – Time to Buy?

New Age Metals Inc. (CVE:NAMGet Free Report) shares traded up 30.8% on Monday . The company traded as high as C$0.34 and last traded at C$0.34. 884,029 shares were traded during mid-day trading, an increase of 1,131% from the average session volume of 71,819 shares. The stock had previously closed at C$0.26.

New Age Metals Stock Up 30.8%

The company has a market cap of C$17.78 million, a PE ratio of -20.79 and a beta of 1.32. The business’s fifty day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.10. The company has a debt-to-equity ratio of 0.74, a current ratio of 52.48 and a quick ratio of 17.88.

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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