New Age Metals (CVE:NAM) Shares Up 36.8% – Here’s Why

New Age Metals Inc. (CVE:NAMGet Free Report)’s stock price was up 36.8% during trading on Saturday . The stock traded as high as C$0.26 and last traded at C$0.26. Approximately 356,427 shares changed hands during trading, an increase of 457% from the average daily volume of 63,934 shares. The stock had previously closed at C$0.19.

New Age Metals Trading Up 36.8%

The company has a market capitalization of C$13.60 million, a PE ratio of -15.89 and a beta of 1.32. The company has a debt-to-equity ratio of 0.74, a quick ratio of 17.88 and a current ratio of 52.48. The business has a fifty day moving average price of C$0.13 and a 200 day moving average price of C$0.10.

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.

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