New Age Metals (CVE:NAM) Sets New 52-Week Low – Should You Sell?

New Age Metals Inc. (CVE:NAMGet Free Report) shares hit a new 52-week low on Tuesday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 138428 shares trading hands. The stock had previously closed at C$0.08.

New Age Metals Trading Down 12.5 %

The business has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.09. 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 company has a market cap of C$3.66 million, a PE ratio of -4.28 and a beta of 1.32.

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.

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