New Age Metals (CVE:NAM) Reaches New 12-Month Low – Time to Sell?

New Age Metals Inc. (CVE:NAMGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.08, with a volume of 87001 shares trading hands. The stock had previously closed at C$0.08.

New Age Metals Stock Performance

The firm has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.08. The company has a market cap of C$4.17 million, a P/E ratio of -7.50 and a beta of 1.32. The company has a current ratio of 11.85, a quick ratio of 17.88 and a debt-to-equity ratio of 0.84.

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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