New Age Metals Inc. (CVE:NAM – Get Free Report)’s share price was down 32.1% during trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 101,000 shares changed hands during trading, an increase of 202% from the average daily volume of 33,394 shares. The stock had previously closed at C$0.14.
New Age Metals Price Performance
The company has a current ratio of 11.85, a quick ratio of 17.88 and a debt-to-equity ratio of 0.84. The company has a market capitalization of C$5.56 million, a P/E ratio of -9.50 and a beta of 1.32. The firm has a fifty day moving average of C$0.07 and a 200 day moving average of C$0.05.
About New Age Metals
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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