New Age Metals Inc. (CVE:NAM – Get Free Report)’s stock price rose 7.1% during trading on Friday. The company traded as high as C$0.15 and last traded at C$0.15. 310,517 shares were traded during trading, an increase of 191% from the average daily volume of 106,715 shares. The stock had previously closed at C$0.14.
New Age Metals Trading Up 7.1%
The company has a market cap of C$11.70 million, a P/E ratio of -7.89 and a beta of -1.06. The company has a quick ratio of 17.88, a current ratio of 37.26 and a debt-to-equity ratio of 0.18. The business has a 50-day moving average price of C$0.21 and a two-hundred day moving average price of C$0.26.
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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