New Age Metals Inc. (CVE:NAM – Get Free Report)’s share price reached a new 52-week low during trading on Wednesday. The company traded as low as C$0.18 and last traded at C$0.18, with a volume of 11,452 shares changing hands. The stock had previously closed at C$0.20.
New Age Metals Stock Down 2.8%
The company has a market capitalization of C$13.65 million, a PE ratio of -9.21 and a beta of -1.06. The firm’s 50-day simple moving average is C$0.22 and its 200 day simple moving average is C$0.27. The company has a debt-to-equity ratio of 0.18, a quick ratio of 17.88 and a current ratio of 37.26.
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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