Shares of New Age Metals Inc. (CVE:NAM – Get Free Report) were up 36.8% on Saturday . The company traded as high as C$0.26 and last traded at C$0.26. Approximately 356,427 shares were traded 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 business’s fifty day simple moving average is C$0.13 and its two-hundred day simple moving average is C$0.10. The company 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 quick ratio of 17.88, a current ratio of 52.48 and a debt-to-equity ratio of 0.74.
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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