Nevada Clean Magnesium Inc (CVE:NVM) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.05 and last traded at C$0.05, with a volume of 44000 shares changing hands. The stock had previously closed at C$0.05.

The company has a debt-to-equity ratio of 203.77, a current ratio of 0.28 and a quick ratio of 0.23. The stock has a market cap of $11.38 million and a PE ratio of -5.00.

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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 gold, silver, and magnesium deposits. It owns a 100% interest in 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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