New Age Metals Inc. (CVE:NAM – Get Free Report) shares hit a new 52-week low during mid-day trading on Tuesday. The stock traded as low as C$0.17 and last traded at C$0.18, with a volume of 30,500 shares changing hands. The stock had previously closed at C$0.18.
New Age Metals Trading Down 8.6%
The company has a debt-to-equity ratio of 0.18, a current ratio of 37.26 and a quick ratio of 17.88. The firm has a market cap of C$12.48 million, a price-to-earnings ratio of -8.42 and a beta of -1.06. The company’s 50 day simple moving average is C$0.21 and its 200 day simple moving average is C$0.27.
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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