New Age Metals Inc. (CVE:NAM – Get Free Report)’s share price shot up 16.7% on Thursday . The company traded as high as C$0.04 and last traded at C$0.04. 250,000 shares changed hands during mid-day trading, an increase of 97% from the average session volume of 126,806 shares. The stock had previously closed at C$0.03.
New Age Metals Price Performance
The firm has a market cap of C$7.77 million, a P/E ratio of -5.00 and a beta of 1.51. The business’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.04. The company has a current ratio of 5.39, a quick ratio of 17.88 and a debt-to-equity ratio of 0.89.
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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