New Age Metals Inc. (CVE:NAM – Get Free Report) shares fell 21.1% during trading on Wednesday . The company traded as low as C$0.35 and last traded at C$0.36. 275,541 shares were traded during trading, an increase of 245% from the average session volume of 79,964 shares. The stock had previously closed at C$0.45.
New Age Metals Price Performance
The stock’s 50-day moving average is C$0.29 and its 200 day moving average is C$0.23. The stock has a market capitalization of C$23.58 million, a PE ratio of -59.17 and a beta of -0.05. The company has a quick ratio of 17.88, a current ratio of 52.48 and a debt-to-equity ratio of 0.74.
New Age Metals Company Profile
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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