New Age Metals Inc. (CVE:NAM – Get Free Report)’s stock price was up 14.3% during trading on Thursday . The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 1,118,932 shares changed hands during mid-day trading, an increase of 1,118% from the average daily volume of 91,850 shares. The stock had previously closed at C$0.04.
New Age Metals Stock Up 14.3 %
The firm’s 50-day moving average price is C$0.04 and its 200 day moving average price is C$0.04. The company has a market capitalization of C$8.89 million, a price-to-earnings ratio of -5.00 and a beta of 1.69. The company has a current ratio of 11.58, a quick ratio of 17.88 and a debt-to-equity ratio of 0.93.
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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