New Age Metals Inc. (CVE:NAM – Get Free Report) shares were down 30.4% on Thursday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 169,308 shares traded hands during mid-day trading, an increase of 174% from the average daily volume of 61,840 shares. The stock had previously closed at C$0.23.
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 stock has a 50-day moving average of C$0.24 and a 200 day moving average of C$0.19. The stock has a market cap of C$8.89 million, a PE ratio of -17.78 and a beta of -0.01.
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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