New Age Metals Inc. (CVE:NAM – Get Free Report) shares traded down 16.7% on Thursday . The company traded as low as C$0.17 and last traded at C$0.18. 155,201 shares changed hands during mid-day trading, an increase of 152% from the average session volume of 61,482 shares. The stock had previously closed at C$0.21.
New Age Metals Trading Down 2.9%
The business has a 50 day moving average of C$0.12 and a two-hundred day moving average of C$0.10. The company has a current ratio of 52.48, a quick ratio of 17.88 and a debt-to-equity ratio of 0.74. The firm has a market cap of C$8.89 million, a P/E ratio of -10.39 and a beta of 1.32.
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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