New Age Metals Inc. (CVE:NAM – Get Free Report)’s share price fell 2% on Tuesday . The stock traded as low as C$0.24 and last traded at C$0.24. 16,840 shares changed hands during trading, a decline of 85% from the average session volume of 115,823 shares. The stock had previously closed at C$0.24.
New Age Metals Trading Up 2.1%
The company has a market cap of C$17.49 million, a price-to-earnings ratio of 48.00 and a beta of -0.65. The company’s fifty day moving average price is C$0.26 and its two-hundred day moving average price is C$0.33. The company has a quick ratio of 17.88, a current ratio of 28.08 and a debt-to-equity ratio of 0.30.
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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