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New Age Metals (NAM) AI Stock Analysis
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New Age Metals
(TSXV:NAM)
The score is primarily held down by weak financial performance (pre-revenue profile with widening losses and continued cash burn) and bearish technicals (trading below all major moving averages with negative MACD). A low-leverage balance sheet reduces solvency risk, but the negative P/E and lack of dividend yield provide limited valuation support.
New Age Metals (NAM) vs. iShares MSCI Canada ETF (EWC)
- Market Cap
- CAD 8.57M
- Dividend Yield
- ―
- Average Volume (3M)
- 83.35K
- Price to Earnings (P/E)
- -9.2
- Beta (1Y)
- 0.94
- Revenue Growth
- ―
- EPS Growth
- -210.34%
- Country
- Canada
- Employees
- 10
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Other Precious Metals
New Age Metals Business Overview & Revenue Model
Company Description
New Age Metals Inc. acquires, explores, and develops platinum group metals (PGMs), precious metals, base metals, and green metals lithium in Canada and the United States. The company explores for rhodium, palladium, platinum, gold, antimony, nickel,...
New Age Metals Financial Statement Overview
Summary
Operating fundamentals are weak: no revenue across recent periods with widening net losses (TTM about -1.3M) and materially negative operating/free cash flow (TTM OCF about -1.5M; FCF about -1.7M). The main offset is a strong solvency position with minimal leverage (debt-to-equity roughly 0.2%) and stable-to-slightly higher assets, but negative returns on equity indicate the capital base is not currently generating profits.
Income Statement
12Very NegativeBalance Sheet
72PositiveCash Flow
22Negative| Breakdown | TTM | Jul 2026 | Jul 2025 | Jul 2024 | Jul 2022 | Apr 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0 | 0 | 0 | 0 | 0 | 0 |
| Gross Profit | -68.72K | -68.72K | -45.49K | -52.01K | -57.88K | -46.56K |
| EBITDA | -1.35M | -2.41M | -972.57K | -905.99K | -665.00K | -666.00K |
| Net Income | -1.03M | -1.03M | -509.82K | -658.00K | -650.00K | -719.00K |
Balance Sheet | ||||||
| Total Assets | 17.34M | 17.34M | 13.23M | 15.44M | 14.63M | 12.86M |
| Cash, Cash Equivalents and Short-Term Investments | 5.38M | 5.38M | 3.65M | 2.54M | 4.49M | 8.88M |
| Total Debt | 41.26K | 41.26K | 78.60K | 113.08K | 144.32K | 11.83K |
| Total Liabilities | 165.64K | 165.64K | 169.15K | 1.87M | 403.97K | 337.45K |
| Stockholders Equity | 17.18M | 17.18M | 13.06M | 13.57M | 14.22M | 12.52M |
Cash Flow | ||||||
| Free Cash Flow | -1.94M | -1.70M | -298.49K | -2.48M | -2.99M | -1.31M |
| Operating Cash Flow | -1.57M | -1.57M | 245.97K | -1.40M | -548.31K | -1.22M |
| Investing Cash Flow | -2.26M | -2.26M | 563.71K | -513.37K | -2.32M | -691.87K |
| Financing Cash Flow | 3.86M | 3.86M | -42.00K | -41.40K | -34.60K | 8.74M |
New Age Metals Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:NAM, the sentiment is Negative. The current price of 0.17 is below the 20-day moving average (MA) of 0.18, below the 50-day MA of 0.20, and below the 200-day MA of 0.30, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 41.39 is Neutral, neither overbought nor oversold. The STOCH value of 51.85 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:NAM.
New Age Metals Peers Comparison
Overall Rating
TSE:TIG55Neutral
TSE:SPC48Neutral
TSE:MN43Neutral- TSE:NAM43Neutral
TSE:EMET39Underperform
TSE:NTH37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| TSE:TIG | 55Neutral | CAD 57.30M | -16.56 | -51.33% | ― | ― | -4.84% |
| TSE:SPC | 48Neutral | CAD 31.31M | -7.22 | -154.32% | ― | ― | 6.73% |
| TSE:MN | 43Neutral | CAD 19.50M | -8.25 | -103.03% | ― | ― | 3.00% |
| TSE:NAM | 43Neutral | CAD 12.34M | -9.17 | -7.67% | ― | ― | -210.34% |
| TSE:EMET | 39Underperform | CAD 11.48M | -1.32 | -78.90% | ― | ― | -3811.11% |
| TSE:NTH | 37Underperform | CAD 16.52M | -0.92 | 3559.97% | ― | ― | -81.92% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TSE:NAM | Newage Metals Inc (Otc) | 0.17 | -0.20 | -54.79% | |
| TSE:MN | Manganese X Energy Corp | 0.08 | -0.07 | -46.67% | |
| TSE:NTH | Nord Precious Metals Mining Inc. | 0.12 | -0.09 | -42.86% | |
| TSE:TIG | Triumph Gold Corp | 0.79 | 0.42 | 110.67% | |
| TSE:EMET | Canamera Energy Metals Corp | 0.07 | -0.25 | -77.06% | |
| TSE:SPC | Spc Nickel Corp. | 0.07 | 0.04 | 100.00% |
New Age Metals Corporate Events
New Age Metals Enters Due Diligence on Kenora Thunder Gold Project Option
PositiveNew Age Metals Inc. has entered a due diligence period under an option agreement with Benton Resources to potentially acquire a 100 percent interest in the Abernethy Lake Gold Project near Kenora, Ontario, which would be renamed the Kenora Thunder Go...
New Age Metals Revises Genesis Project JV Terms with Rockport Capital
NeutralNew Age Metals has amended its property option and joint venture agreement with Rockport Capital for the Genesis nickel-copper-PGE project in Alaska, which underpins Rockport’s qualifying transaction on the TSX Venture Exchange. The revision cl...
New Age Metals Advances Bonanza Ridge Exploration With High-Grade Gold Assays and Geophysical Data
PositiveNew Age Metals reported new assay results from its 2026 exploration program at the Bonanza Ridge project in Ontario, with recent grab samples returning gold values of up to 4.77 g/t along quartz‑veined mafic volcanics near the historic Blue Sta...
New Age Metals Raises $1 Million in LIFE Private Placement to Advance Critical Metals Portfolio
PositiveNew Age Metals Inc., a Canadian junior mineral exploration and development company, is focused on advancing a diversified portfolio of critical and precious metals projects, led by its development-stage River Valley Palladium-Platinum Project near Su...
New Age Metals Strikes JV Deal With Rockport on Alaska Genesis Project
PositiveNew Age Metals has signed a definitive option and joint venture agreement with Rockport Capital Corp., allowing Rockport to earn up to a 70% interest in the Genesis Ni-Cu-PGE property in south central Alaska. The deal forms Rockport’s qualifyin...
New Age Metals Uncovers New Drill Targets at River Valley’s Mustang Zone
PositiveNew Age Metals has completed a three-dimensional resistivity and induced polarization survey over the Mustang Zone at its wholly owned River Valley Palladium Project in Ontario, marking the first systematic geophysical work on the 4.5-kilometre trend...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 27, 2026