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

New Age Metals Inc. (CVE:NAM – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as C$0.17 and last traded at C$0.18, with a volume of 30,500 shares traded. The stock had previously closed at C$0.18.

New Age Metals Price Performance

The business’s 50-day simple moving average is C$0.21 and its 200-day simple moving average is C$0.27. The stock has a market cap of C$14.43 million, a PE ratio of -9.74 and a beta of -1.06. The company has a quick ratio of 17.88, a current ratio of 37.26 and a debt-to-equity ratio of 0.18.

About New Age Metals

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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

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