New Age Metals Inc. (CVE:NAM – Get Free Report) shares traded down 5.4% during mid-day trading on Tuesday . The company traded as low as C$0.27 and last traded at C$0.27. Approximately 21,515 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 133,780 shares. The stock had previously closed at C$0.28.
New Age Metals Trading Down 5.4%
The company has a market cap of C$19.32 million, a price-to-earnings ratio of 53.00 and a beta of -0.60. The company has a quick ratio of 17.88, a current ratio of 28.08 and a debt-to-equity ratio of 0.30. The business’s fifty day simple moving average is C$0.30 and its two-hundred day simple moving average is C$0.38.
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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