Nevada Clean Magnesium Inc (CVE:NVM)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.05, with a volume of 420000 shares traded. The stock had previously closed at C$0.05.

The company has a debt-to-equity ratio of 203.77, a current ratio of 0.12 and a quick ratio of 0.11.

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Nevada Clean Magnesium Company Profile (CVE:NVM)

Nevada Clean Magnesium Inc engages in the acquisition, exploration, and development of mineral resource projects in Canada and the United States. The company explores for molybdenum, gold, copper, platinum, palladium, silver, and magnesium deposits. Its principal property is the Tami-Mosi magnesium property that consists of 81 unpatented mining claims covering approximately 677 hectares and 4 quartz unpatented claims covering approximately 33 hectares located in the town of Ely, Nevada.

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