Shares of New Age Metals Inc. (CVE:NAM – Get Free Report) traded down 14.3% during trading on Friday . The company traded as low as C$0.20 and last traded at C$0.21. 447,686 shares changed hands during trading, an increase of 299% from the average daily volume of 112,216 shares. The stock had previously closed at C$0.24.
New Age Metals Trading Down 14.3%
The company has a debt-to-equity ratio of 0.30, a quick ratio of 17.88 and a current ratio of 28.08. The stock has a market capitalization of C$15.31 million, a PE ratio of 42.00 and a beta of -0.65. The stock has a 50-day moving average price of C$0.26 and a two-hundred day moving average price of C$0.32.
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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