New Age Metals Inc. (CVE:NAM – Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.08, with a volume of 123400 shares changing hands. The stock had previously closed at C$0.09.
New Age Metals Trading Down 11.8 %
The firm’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.08. The company has a quick ratio of 17.88, a current ratio of 11.85 and a debt-to-equity ratio of 0.84. The company has a market capitalization of C$4.17 million, a PE ratio of -7.50 and a beta of 1.32.
About New Age Metals
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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