New Age Metals Inc. (CVE:NAM – Get Free Report)’s share price fell 16.7% on Thursday . The company traded as low as C$0.23 and last traded at C$0.23. 102,800 shares changed hands during trading, an increase of 45% from the average session volume of 70,812 shares. The stock had previously closed at C$0.27.
New Age Metals Stock Down 2.2%
The firm has a market cap of C$11.50 million, a P/E ratio of -13.45 and a beta of 1.32. The business’s fifty day moving average price is C$0.16 and its two-hundred day moving average price is C$0.12. The company has a current ratio of 52.48, a quick ratio of 17.88 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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