New Age Metals Inc. (CVE:NAM – Get Free Report) shares were up 100% during trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 549,147 shares traded hands 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 Performance
The company 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 simple moving average of C$0.12 and a 200 day simple moving average of C$0.10. The company has a quick ratio of 17.88, a current ratio of 52.48 and a debt-to-equity ratio of 0.74.
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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