New Age Metals (CVE:NAM) Hits New 52-Week Low – What’s Next?

by · The Cerbat Gem

Shares of New Age Metals Inc. (CVE:NAM – Get Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.20 and last traded at C$0.20, with a volume of 88850 shares. The stock had previously closed at C$0.21.

New Age Metals Price Performance

The company’s 50-day moving average price is C$0.24 and its two-hundred day moving average price is C$0.29. The company has a debt-to-equity ratio of 0.24, a current ratio of 36.22 and a quick ratio of 17.88. The company has a market capitalization of C$14.97 million, a P/E ratio of -12.81 and a beta of -0.96.

New Age Metals Company Profile

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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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