Post by
ssamson on Jan 09, 2021 10:45am
NAM Financials and Estimated Stock Price
New Age Metals has about 5 million in Equity and about 187 outstanding common shares including warrants.
Their resource estimate is in the billions over 14 years. From Lithium in Manitoba to Palladium and Rhodium in Alaska and Sudbury Ontario.
The stock is worth anywhere from $0.30 - $0.50 with a (heavy 5 million investor/partner) $1.00+
The new PEA coming out near the end of January 2021 could realize a higher stock price but only if they have scored more Rhodium, which in my opinion they probably have.
Good Luck all! and happy investing!
https://newagemetals.com/wp-content/uploads/NAM-Financials-20200430-YE.pdf