Shares of New Age Metals Inc. (CVE:NAM – Get Free Report) traded up 36.8% during trading on Saturday . The company traded as high as C$0.26 and last traded at C$0.26. 356,427 shares changed hands during mid-day trading, an increase of 457% from the average session volume of 63,934 shares. The stock had previously closed at C$0.19.
New Age Metals Trading Up 36.8%
The company has a market cap of C$13.60 million, a P/E ratio of -15.89 and a beta of 1.32. The business’s 50-day moving average price is C$0.13 and its 200 day moving average price is C$0.10. The company has a debt-to-equity ratio of 0.74, a quick ratio of 17.88 and a current ratio of 52.48.
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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