New Age Metals (CVE:NAM) Stock Price Up 2% – Still a Buy?

New Age Metals Inc. (CVE:NAMGet Free Report) shot up 2% on Tuesday . The company traded as high as C$0.25 and last traded at C$0.25. 2,020 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 121,591 shares. The stock had previously closed at C$0.24.

New Age Metals Stock Up 2.0%

The stock has a market cap of C$18.22 million, a P/E ratio of 50.00 and a beta of -0.60. The company has a debt-to-equity ratio of 0.30, a current ratio of 28.08 and a quick ratio of 17.88. The stock’s fifty day simple moving average is C$0.28 and its 200-day simple moving average is C$0.35.

New Age Metals Company Profile

(Get Free Report)

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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