New Age Metals (CVE:NAM) Stock Price Down 14.3%

New Age Metals Inc (CVE:NAM)’s stock price was down 14.3% on Thursday . The company traded as low as C$0.06 and last traded at C$0.06. Approximately 445,000 shares changed hands during mid-day trading, an increase of 104% from the average daily volume of 218,289 shares. The stock had previously closed at C$0.07.

The firm has a market cap of $6.22 million and a P/E ratio of -3.00. The company’s 50 day simple moving average is C$0.06.

About New Age Metals (CVE:NAM)

New Age Metals Inc, a mineral exploration company, acquires, explores for, and develops platinum group metals (PGMs), and precious and base metal properties in Canada. Its flagship project is the 100% owned River Valley PGM project that include 30 claim units and 2 mining leases covering an area of approximately 6,688 hectares located in the Dana and Pardo townships of Northern Ontario.

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