New Age Metals Inc. (CVE:NAM – Get Free Report) shares were up 20% on Wednesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 244,168 shares traded hands during trading, an increase of 328% from the average daily volume of 57,038 shares. The stock had previously closed at C$0.10.
New Age Metals Stock Performance
The stock has a market capitalization of C$5.23 million, a PE ratio of -6.11 and a beta of 1.32. The company has a debt-to-equity ratio of 0.74, a current ratio of 52.48 and a quick ratio of 17.88. The business’s fifty day moving average price is C$0.08 and its 200-day moving average price is C$0.09.
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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