New Age Metals (CVE:NAM) Reaches New 1-Year Low – Here’s Why

New Age Metals Inc. (CVE:NAM – Get Free Report) shares hit a new 52-week low on Monday. The stock traded as low as C$0.19 and last traded at C$0.20, with a volume of 5194 shares changing hands. The stock had previously closed at C$0.20.

New Age Metals Stock Performance

The firm has a market cap of C$15.21 million, a P/E ratio of -12.19 and a beta of -0.96. The company has a current ratio of 36.22, a quick ratio of 17.88 and a debt-to-equity ratio of 0.24. The business’s fifty day simple moving average is C$0.23 and its 200-day simple moving average is C$0.29.

New Age Metals Company Profile

(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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