New Age Metals Inc. (CVE:NAM – Get Free Report)’s share price shot up 33.3% on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. 302,532 shares were traded during mid-day trading, an increase of 427% from the average session volume of 57,360 shares. The stock had previously closed at C$0.08.
New Age Metals Price Performance
The company has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.09. The firm has a market cap of C$5.23 million, a P/E ratio of -6.11 and a beta of 1.32. The company has a quick ratio of 17.88, a current ratio of 52.48 and a debt-to-equity ratio of 0.74.
About New Age Metals
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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