New Age Metals Inc. (CVE:NAM – Get Free Report)’s share price fell 16.7% during trading on Friday . The company traded as low as C$0.23 and last traded at C$0.23. 102,800 shares were traded during trading, an increase of 45% from the average session volume of 70,812 shares. The stock had previously closed at C$0.27.
New Age Metals Price Performance
The stock’s 50 day moving average is C$0.16 and its two-hundred day moving average is C$0.12. The stock has a market capitalization of C$11.50 million, a PE ratio of -13.45 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.
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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