New Age Metals Inc. (CVE:NAM – Get Free Report) shot up 36.8% on Saturday . The stock traded as high as C$0.26 and last traded at C$0.26. 356,427 shares were traded during mid-day trading, an increase of 457% from the average session volume of 63,934 shares. The stock had previously closed at C$0.19.
New Age Metals Trading Up 36.8%
The firm has a market cap of C$13.60 million, a price-to-earnings ratio of -15.89 and a beta of 1.32. The company has a debt-to-equity ratio of 0.74, a current ratio of 52.48 and a quick ratio of 17.88. The business has a 50-day moving average of C$0.13 and a 200-day moving average of C$0.10.
New Age Metals Company Profile
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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