New Age Metals (CVE:NAM) Given a C$0.95 Price Target at Fundamental Research

Fundamental Research set a C$0.95 target price on New Age Metals (CVE:NAM) in a research note released on Tuesday,BayStreet.CA reports. The firm currently has a buy rating on the stock.

New Age Metals Stock Down 4.1%

Shares of New Age Metals stock opened at C$0.35 on Tuesday. The stock’s fifty day moving average is C$0.33 and its 200-day moving average is C$0.25. The firm has a market capitalization of C$23.25 million, a PE ratio of -58.33 and a beta of 0.05. The company has a quick ratio of 17.88, a current ratio of 52.48 and a debt-to-equity ratio of 0.74. New Age Metals has a 12-month low of C$0.07 and a 12-month high of C$0.55.

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.