New Age Metals Inc. (CVE:NAM – Get Free Report) shares rose 30.8% during trading on Tuesday . The stock traded as high as C$0.34 and last traded at C$0.34. Approximately 884,029 shares changed hands during trading, an increase of 1,131% from the average daily volume of 71,819 shares. The stock had previously closed at C$0.26.
New Age Metals Trading Up 30.8%
The company’s 50 day moving average price is C$0.14 and its 200 day moving average price is C$0.11. The company has a market cap of C$17.78 million, a price-to-earnings ratio of -20.79 and a beta of 1.32. The company has a debt-to-equity ratio of 0.74, a quick ratio of 17.88 and a current ratio of 52.48.
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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