New Age Metals Inc. (CVE:NAM – Get Free Report) shot up 20% during trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. 245,168 shares changed hands during trading, an increase of 297% from the average session volume of 61,705 shares. The stock had previously closed at C$0.10.
New Age Metals Stock Performance
The company’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.09. The company has a debt-to-equity ratio of 0.74, a quick ratio of 17.88 and a current ratio of 52.48. The firm has a market capitalization of C$5.49 million, a PE ratio of -6.42 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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