New Age Metals Inc. (CVE:NAM – Get Free Report)’s stock price shot up 100% during trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21. 549,147 shares changed hands during mid-day trading, an increase of 809% from the average session volume of 60,441 shares. The stock had previously closed at C$0.11.
New Age Metals Price Performance
The company’s 50-day moving average price is C$0.12 and its two-hundred day moving average price is C$0.10. The company has a debt-to-equity ratio of 0.74, a current ratio of 52.48 and a quick ratio of 17.88. The company has a market capitalization of C$10.98 million, a P/E ratio of -12.84 and a beta of 1.32.
New Age Metals Company Profile
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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