New Age Metals (CVE:NAM) Reaches New 1-Year High – Here’s What Happened

New Age Metals Inc. (CVE:NAMGet Free Report) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.14 and last traded at C$0.13, with a volume of 355500 shares changing hands. The stock had previously closed at C$0.12.

New Age Metals Price Performance

The company has a debt-to-equity ratio of 0.74, a current ratio of 52.48 and a quick ratio of 17.88. The company has a market cap of C$5.75 million, a P/E ratio of -6.72 and a beta of 1.32. The company has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.09.

About New Age Metals

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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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