New Age Metals (CVE:NAM) Reaches New 12-Month Low – What’s Next?

New Age Metals Inc. (CVE:NAMGet Free Report)’s share price reached 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 Stock Performance

The firm has a market cap of C$16.21 million, a price-to-earnings ratio of 44.40 and a beta of -0.65. The company has a debt-to-equity ratio of 0.24, a current ratio of 36.22 and a quick ratio of 17.88. The firm has a fifty day simple moving average of C$0.26 and a two-hundred day simple moving average of C$0.32.

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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