New Age Metals (CVE:NAM) Sets New 12-Month Low – Here’s What Happened

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

New Age Metals Stock Performance

The company has a debt-to-equity ratio of 0.84, a quick ratio of 17.88 and a current ratio of 11.85. The company’s 50 day moving average price is C$0.08 and its 200 day moving average price is C$0.08. The company has a market cap of C$4.17 million, a price-to-earnings ratio of -7.50 and a beta of 1.32.

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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