Shares of New Age Metals Inc. (CVE:NAM – Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as C$0.20 and last traded at C$0.22, with a volume of 18274 shares trading hands. The stock had previously closed at C$0.23.
New Age Metals Price Performance
The business’s 50-day moving average is C$0.25 and its two-hundred day moving average is C$0.31. The firm has a market capitalization of C$15.70 million, a price-to-earnings ratio of 43.00 and a beta of -0.65. The company has a debt-to-equity ratio of 0.24, a quick ratio of 17.88 and a current ratio of 36.22.
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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