New Age Metals (CVE:NAM) Reaches New 52-Week Low – Should You Sell?

Shares of New Age Metals Inc. (CVE:NAMGet Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.07 and last traded at C$0.08, with a volume of 475126 shares traded. The stock had previously closed at C$0.09.

New Age Metals Trading Down 11.8 %

The stock’s 50-day moving average price is C$0.10 and its 200 day moving average price is C$0.07. The company has a debt-to-equity ratio of 0.84, a current ratio of 11.85 and a quick ratio of 17.88. The firm has a market capitalization of C$4.17 million, a PE ratio of -7.50 and a beta of 1.32.

New Age Metals Company Profile

(Get Free Report)

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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