New Age Metals Inc. (CVE:NAM – Get Free Report)’s share price was down 21.1% on Wednesday . The stock traded as low as C$0.35 and last traded at C$0.36. Approximately 275,541 shares were traded during trading, an increase of 245% from the average daily volume of 79,964 shares. The stock had previously closed at C$0.45.
New Age Metals Stock Down 21.1%
The company has a current ratio of 52.48, a quick ratio of 17.88 and a debt-to-equity ratio of 0.74. The company’s 50 day moving average price is C$0.29 and its two-hundred day moving average price is C$0.23. The firm has a market cap of C$23.58 million, a PE ratio of -59.17 and a beta of -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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