Shares of New Age Metals Inc. (CVE:NAM – Get Free Report) traded down 32.1% on Thursday . The company traded as low as C$0.10 and last traded at C$0.10. 101,000 shares traded hands during trading, an increase of 202% from the average session volume of 33,394 shares. The stock had previously closed at C$0.14.
New Age Metals Stock Down 28.6 %
The company has a debt-to-equity ratio of 0.84, a current ratio of 11.85 and a quick ratio of 17.88. The stock has a 50 day simple moving average of C$0.07 and a 200-day simple moving average of C$0.05. The firm has a market cap of C$5.56 million, a PE ratio of -9.50 and a beta of 1.32.
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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