Shares of New Age Metals Inc. (CVE:NAM – Get Free Report) were up 33.3% on Wednesday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 302,532 shares were traded during mid-day trading, an increase of 427% from the average daily volume of 57,360 shares. The stock had previously closed at C$0.08.
New Age Metals Stock Up 33.3 %
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 stock has a fifty day moving average price of C$0.08 and a two-hundred day moving average price of C$0.09. The company has a market cap of C$5.23 million, a P/E ratio of -6.11 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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