New Age Metals (CVE:NAM) Sets New 1-Year Low – What’s Next?

New Age Metals Inc. (CVE:NAMGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as C$0.07 and last traded at C$0.08, with a volume of 475126 shares. The stock had previously closed at C$0.09.

New Age Metals Trading Down 11.8 %

The company has a debt-to-equity ratio of 0.84, a quick ratio of 17.88 and a current ratio of 11.85. The firm has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.07. The company has a market cap of C$4.17 million, a price-to-earnings ratio of -7.50 and a beta of 1.32.

About New Age Metals

(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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