New Age Metals Inc. (CVE:NAM – Get Free Report)’s share price dropped 32.1% during trading on Thursday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 101,000 shares were traded during trading, an increase of 202% from the average daily volume of 33,394 shares. The stock had previously closed at C$0.14.
New Age Metals Stock Up 10.0 %
The company has a debt-to-equity ratio of 0.84, a quick ratio of 17.88 and a current ratio of 11.85. The firm has a fifty day simple moving average of C$0.08 and a 200-day simple moving average of C$0.05. The company has a market capitalization of C$6.11 million, a PE ratio of -11.00 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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