New Age Metals (CVE:NAM) Shares Up 33.3% – Here’s What Happened

New Age Metals Inc. (CVE:NAMGet Free Report)’s stock price traded up 33.3% during mid-day trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. 302,532 shares were traded during trading, an increase of 445% from the average session volume of 55,515 shares. The stock had previously closed at C$0.08.

New Age Metals Stock Performance

The company has a quick ratio of 17.88, a current ratio of 52.48 and a debt-to-equity ratio of 0.74. The company has a 50-day moving average of C$0.08 and a 200 day moving average of C$0.09. The firm has a market capitalization of C$5.23 million, a PE ratio of -6.11 and a beta of 1.32.

New Age Metals Company Profile

(Get Free Report)

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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