New Age Metals Inc. (CVE:NAM – Get Free Report)’s stock price shot up 13.3% during mid-day trading on Tuesday . The stock traded as high as C$0.09 and last traded at C$0.09. 223,032 shares traded hands during trading, an increase of 302% from the average session volume of 55,467 shares. The stock had previously closed at C$0.08.
New Age Metals Stock Up 33.3 %
The company has a debt-to-equity ratio of 0.74, a current ratio of 52.48 and a quick ratio of 17.88. The business has a 50 day simple moving average of C$0.08 and a 200 day simple moving average of C$0.09. The stock has a market cap of C$5.23 million, a PE ratio of -6.11 and a beta of 1.32.
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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