New Age Metals (CVE:NAM) Hits New 52-Week Low – What’s Next?

Shares of New Age Metals Inc. (CVE:NAMGet Free Report) reached a new 52-week low during trading on Monday . The stock traded as low as C$0.20 and last traded at C$0.20, with a volume of 88850 shares trading hands. The stock had previously closed at C$0.21.

New Age Metals Stock Down 2.4%

The company has a current ratio of 36.22, a quick ratio of 17.88 and a debt-to-equity ratio of 0.24. The firm has a market cap of C$14.97 million, a price-to-earnings ratio of -12.81 and a beta of -0.96. The firm’s 50 day simple moving average is C$0.24 and its two-hundred day simple moving average is C$0.29.

About New Age Metals

(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.

Further Reading

Receive News & Ratings for New Age Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Age Metals and related companies with MarketBeat.com's FREE daily email newsletter.