New Age Metals Inc. (CVE:NAM – Get Free Report) shares shot up 33.3% during trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. 302,532 shares traded hands during 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 stock’s 50-day moving average price is C$0.08 and its 200 day moving average price is C$0.09. The firm has a market cap of C$5.75 million, a price-to-earnings ratio of -6.72 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.
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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