New Age Metals Inc. (CVE:NAM – Get Free Report) shot up 16.7% on Tuesday . The company traded as high as C$0.04 and last traded at C$0.04. 100,333 shares were traded during mid-day trading, a decline of 16% from the average session volume of 119,652 shares. The stock had previously closed at C$0.03.
New Age Metals Stock Performance
The stock has a fifty day simple moving average of C$0.04 and a two-hundred day simple moving average of C$0.04. The stock has a market cap of C$6.66 million, a PE ratio of -5.00 and a beta of 1.68. The company has a debt-to-equity ratio of 0.93, a quick ratio of 17.88 and a current ratio of 11.58.
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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