Shares of New Age Metals Inc. (CVE:NAM – Get Free Report) traded down 5.8% during trading on Tuesday . The company traded as low as C$0.24 and last traded at C$0.25. 13,730 shares changed hands during trading, a decline of 78% from the average session volume of 63,080 shares. The stock had previously closed at C$0.26.
New Age Metals Trading Down 5.8%
The firm has a market capitalization of C$12.81 million, a price-to-earnings ratio of -14.98 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$0.25 and a 200 day moving average price of C$0.16.
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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