New Age Metals Inc. (CVE:NAM – Get Free Report) shares were up 36.8% during mid-day trading on Friday . The company traded as high as C$0.26 and last traded at C$0.26. Approximately 356,427 shares changed hands during mid-day trading, an increase of 457% from the average daily volume of 63,934 shares. The stock had previously closed at C$0.19.
New Age Metals Stock Performance
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 stock has a fifty day moving average price of C$0.13 and a 200-day moving average price of C$0.10. The firm has a market capitalization of C$13.60 million, a price-to-earnings ratio of -15.89 and a beta of 1.32.
About New Age Metals
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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