New Age Metals Inc. (CVE:NAM – Get Free Report)’s stock price rose 36.8% during mid-day trading on Saturday . The company traded as high as C$0.26 and last traded at C$0.26. Approximately 356,427 shares traded 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 stock has a 50 day moving average of C$0.13 and a 200-day moving average of C$0.10. The company has a market capitalization of C$13.60 million, a P/E ratio of -15.89 and a beta of 1.32. The company has a current ratio of 52.48, a quick ratio of 17.88 and a debt-to-equity ratio of 0.74.
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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