New Age Metals (CVE:NAM) Trading 100% Higher – Time to Buy?

New Age Metals Inc. (CVE:NAMGet Free Report)’s share price was up 100% on Tuesday . The stock traded as high as C$0.21 and last traded at C$0.21. Approximately 549,147 shares changed hands during mid-day trading, an increase of 809% from the average daily volume of 60,441 shares. The stock had previously closed at C$0.11.

New Age Metals Stock Up 100.0%

The firm has a market capitalization of C$10.98 million, a PE ratio of -12.84 and a beta of 1.32. The firm’s 50-day moving average is C$0.11 and its 200 day moving average is C$0.10. The company has a debt-to-equity ratio of 0.74, a quick ratio of 17.88 and a current ratio of 52.48.

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.

Featured Stories

Receive News & Ratings for New Age Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New Age Metals and related companies with MarketBeat.com's FREE daily email newsletter.