New Age Metals (CVE:NAM) Reaches New 52-Week Low – Should You Sell?

New Age Metals Inc. (CVE:NAM – Get Free Report)’s stock price reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.18 and last traded at C$0.18, with a volume of 11,452 shares traded. The stock had previously closed at C$0.20.

New Age Metals Price Performance

The company has a market capitalization of C$14.04 million, a price-to-earnings ratio of -9.47 and a beta of -1.06. 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 business has a fifty day moving average price of C$0.22 and a 200 day moving average price of C$0.27.

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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