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1 Comment
New Energy Metals Corp is currently in a long term downtrend where the price is trading 3.4% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
New Energy Metals Corp's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has increased by 71.5% to $-45K since the same quarter in the previous year.
Finally, its free cash flow grew by 84.6% to $-20K since the same quarter in the previous year.
Based on the above factors, New Energy Metals Corp gets an overall score of 3/5.
ISIN | CA6438442023 |
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Exchange | V |
CurrencyCode | CAD |
Sector | Basic Materials |
Industry | Other Industrial Metals & Mining |
Market Cap | 1M |
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PE Ratio | None |
Target Price | None |
Beta | 3.63 |
Dividend Yield | None |
New Energy Metals Corp., a junior mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for copper and lithium deposits. The company has an option to acquire 100% interest in the Troitsa Kate copper property that comprise 26 mineral claims covering an area of approximately 7,000 hectares located in the Omineca mining division of British Columbia; the Roslyn lithium property comprising 12 mining claims covering an area of approximately 5,100 hectares located in Ontario; and the Atikokan lithium property consisting of 4 mining claims covering an area of approximately 3,788 hectares. The company was formerly known as Darien Resource Development Corp. and changed its name to New Energy Metals Corp. in April 2018. New Energy Metals Corp. was incorporated in 2017 and is headquartered in Vancouver, Canada.
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