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New Age Metals
(NAM)
New Age Metals (NAM) vs. iShares MSCI Canada ETF (EWC)
New Age Metals Business Overview & Revenue Model
New Age Metals Financial Statement Overview
| Breakdown | TTM | Jul 2025 | Jul 2024 | Jul 2022 | Apr 2021 | Apr 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -33.28K | -45.49K | -52.01K | -57.88K | -38.61K | -46.56K |
| EBITDA | -216.30K | -1.01M | -940.00K | -665.00K | -1.14M | -666.00K |
| Net Income | -44.82K | -509.82K | -658.00K | -650.00K | -1.18M | -719.00K |
Balance Sheet | ||||||
| Total Assets | 17.29M | 13.23M | 15.44M | 14.63M | 15.12M | 12.86M |
| Cash, Cash Equivalents and Short-Term Investments | 6.82M | 3.65M | 2.54M | 4.49M | 7.30M | 8.88M |
| Total Debt | 60.30K | 78.60K | 113.08K | 144.32K | 0.00 | 11.83K |
| Total Liabilities | 249.23K | 169.15K | 1.87M | 403.97K | 283.21K | 337.45K |
| Stockholders Equity | 17.04M | 13.06M | 13.57M | 14.22M | 14.84M | 12.52M |
Cash Flow | ||||||
| Free Cash Flow | -1.81M | -298.49K | -2.48M | -2.99M | -487.77K | -1.31M |
| Operating Cash Flow | -1.10M | 245.97K | -1.40M | -548.31K | -459.77K | -1.22M |
| Investing Cash Flow | -223.86K | 563.71K | -513.37K | -2.32M | -3.98M | -691.87K |
| Financing Cash Flow | 3.86M | -42.00K | -41.40K | -34.60K | 2.96M | 8.74M |
New Age Metals Technical Analysis
New Age Metals Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
53 Neutral | C$44.09M | -10.32 | -72.48% | ― | ― | -204.88% | |
49 Neutral | C$26.13M | 222.21 | -2.46% | ― | ― | 56.72% | |
49 Neutral | C$29.03M | -16.75 | -78.78% | ― | ― | 29.85% | |
48 Neutral | C$24.91M | -3.80 | ― | ― | ― | ― | |
46 Neutral | C$39.78M | -11.13 | -8.52% | ― | ― | -1233.33% | |
43 Neutral | C$23.92M | -11.07 | -150.61% | ― | ― | 10.17% |
New Age Metals Corporate Events
New Age Metals reported strong Phase 2 exploration results from its St. Alban’s antimony–gold properties in southern Newfoundland and Labrador, with grab samples assaying up to 51.9% antimony and 46.2 g/t gold. The program has outlined three mineralized zones on the Antimony Ridge property, confirmed structurally controlled Au–Sb mineralization along an emerging 16 km trend, and identified additional zinc, lead, and copper anomalies.
The company has staked 40 additional mineral claims, consolidating roughly 1,000 hectares including the Pardy Head antimony occurrence, and secured approvals for trenching ahead of next field season. Management says the high-grade assays, expanded land package, and pending exploration rebate position the project for drilling and enhance its potential within a developing district-scale Au–Sb corridor in the St. Alban’s area.
The most recent analyst rating on (TSE:NAM) stock is a Hold with a C$0.44 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.
New Age Metals has expanded its platinum group metals portfolio by staking the 100%-owned Escape East PGM–Ni–Cu Project, a roughly 4,000-hectare exploration property in Northwestern Ontario’s Thunder Bay Mining Division. The project sits adjacent to Clean Air Metals’ Thunder Bay North Project and near Impala Canada’s Lac des Iles Mine, Canada’s only primary palladium operation, positioning the company within a proven, infrastructure-rich PGM district.
The acquisition complements New Age Metals’ recently announced Platreef claim group and its broader PGM portfolio, including the flagship River Valley Project, by adding district-scale ground interpreted to be prospective for intrusion-hosted PGM–Ni–Cu mineralization. With multiple untested or underexplored geophysical and intrusive targets and a stated plan to engage local First Nations, the move underscores a strategy of disciplined portfolio growth and could enhance the company’s long-term exploration pipeline and alignment with Canada’s Critical Minerals Strategy.
The most recent analyst rating on (TSE:NAM) stock is a Hold with a C$0.42 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.
New Age Metals has acquired and consolidated the Double R Gold Project through staking in Ontario’s Kenora Mining District, assembling 834 mining claims over 17,620 hectares in a highly prospective Archean greenstone belt. The project sits near major regional assets, including about 35 km from the Rainy River Mine and 17 km from the Cameron Gold deposit, and benefits from road access, nearby highway and power infrastructure.
The company plans a phased, low-impact exploration program to prioritize targets for follow-up work and potential drilling, supported by historical till sampling and gold occurrences that indicate mineralization potential. Management positions Double R as a strategic land package that increases its gold footprint in the district to roughly 37,000 hectares and aims to build value through disciplined exploration and partnerships with local First Nations, aligning the company with ongoing consolidation and renewed investment in the region.
The most recent analyst rating on (TSE:NAM) stock is a Hold with a C$0.41 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.
New Age Metals has expanded its Northern Shield Platinum Group Metals–Copper–Nickel and Critical Minerals Project in Ontario’s Ring of Fire by staking the southern extension, increasing the project area to about 32,000 hectares and 1,560 claims. The company describes the move as disciplined growth that consolidates its land position along prospective mafic–ultramafic trends in one of Canada’s most important emerging critical mineral regions.
The expanded ground captures additional interpreted bedrock EM conductors and strengthens control over intrusive and structural trends associated with magmatic sulphide systems, supported by extensive historical geophysical and drilling data. New Age Metals plans systematic data compilation, target refinement and prioritized field programs while continuing regional consolidation and engagement with local First Nations, aiming to leverage growing government-backed infrastructure in the Ring of Fire to support future development.
The most recent analyst rating on (TSE:NAM) stock is a Hold with a C$0.42 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.
New Age Metals has expanded its Northern Shield platinum group metals, copper, nickel and critical minerals project in Ontario’s Ring of Fire by staking the southern extension, increasing the land package to about 32,000 hectares across 1,560 claims. The newly acquired ground consolidates the company’s position along interpreted mafic-ultramafic trends and captures additional EM conductors considered prospective for magmatic sulphide and vanadium-bearing mineralization.
The company says the 100%-owned claims, acquired without option or earn-in commitments, enhance its project pipeline and complement its existing PGM assets in Canada. Management emphasizes a strategy of disciplined regional consolidation, systematic data compilation and target refinement ahead of future drilling, while highlighting planned engagement with local First Nations and the growing government-backed infrastructure push in the Ring of Fire as drivers of long-term development potential.
The most recent analyst rating on (TSE:NAM) stock is a Hold with a C$0.42 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.
New Age Metals has launched its 2026 PGM exploration program at the 100%-owned River Valley project in Ontario, initiating Phase 1 with a DasVision 3D induced polarization survey over the underexplored Mustang Zone to define high-priority drill targets and support resource expansion and upgrading. With a three-year exploration permit in place, a contract signed with Abitibi Geophysics, strong pricing for platinum, copper, palladium and rhodium, and an active joint venture strategy for the 4.5 km Mustang Zone alongside ongoing engagement with Nipissing First Nation, the program underscores the company’s push to advance River Valley as a leading North American development-stage PGM asset while positioning itself as a key PGM player in a supportive critical-metals market environment.
The most recent analyst rating on (TSE:NAM) stock is a Hold with a C$0.61 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.
New Age Metals has released its 2024-2025 ESG/Sustainability Report covering its newly acquired Newfoundland and Labrador antimony-gold properties and its Genesis PGM-Cu-Ni project in Alaska, aligning its disclosures with TCFD and SASB frameworks to meet emerging industry best practices. With exploration activity limited to low-impact reconnaissance and surface sampling—resulting in minimal fuel use and no material emissions or water sourcing—the company is emphasizing stakeholder engagement, particularly with First Nations communities, and positioning annual ESG reporting as a core commitment to transparency and long-term social licence, reinforcing its environmental and social credentials at an early stage of project development.
The most recent analyst rating on (TSE:NAM) stock is a Hold with a C$0.61 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.
New Age Metals has acquired, through staking, 100% of the Northern Shield Property in Ontario’s Ring of Fire, a roughly 20,000-hectare PGM–copper–nickel project within the Fishtrap Lake Intrusive Complex, expanding its PGM Critical Metals Division at low entry cost. The property comes with an extensive historical exploration database, demonstrated PGM, base metal and vanadium mineralization, and multiple untested drill-ready reef-level targets, while ongoing government-backed infrastructure plans, including an all-season road into the Ring of Fire, are expected to enhance access and development potential as the company compiles data and plans grassroots programs ahead of drilling.
The most recent analyst rating on (TSE:NAM) stock is a Hold with a C$0.54 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.
New Age Metals has outlined an aggressive 2026 go-forward plan following what it describes as a strong 2025, highlighted by its most active project acquisition program to date across gold, antimony, critical metals and platinum group metals. The company is expanding its North American presence with a new field office in Kenora to support its Manitoba lithium, Northwestern Ontario gold-critical metals and Ontario PGM portfolios, while also pursuing further acquisitions in Ontario’s Ring of Fire and evaluating larger-scale PGM opportunities. Management plans to intensify investor outreach through major industry conferences and is increasingly targeting international growth, including prospective transactions in Saudi Arabia, Central and South America, reflecting a strategic pivot to capture opportunities amid heightened global demand and geopolitical shifts in critical mineral supply chains, as well as providing an update on its equity position in MetalQuest Mining.
The most recent analyst rating on (TSE:NAM) stock is a Hold with a C$0.46 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.
New Age Metals has expanded its Bonanza Ridge Gold and Critical Metals Project through the strategic acquisition of the Lavender Lake and South Gibi Lake properties in the Kenora Gold District, Ontario. This acquisition enhances NAM’s exploration portfolio, offering substantial opportunities for base-metal and precious-metal exploration in an under-explored area. The properties feature multiple mineralized structural targets with known gold and copper occurrences, excellent infrastructure access, and a strategic location near mining services. The acquisition supports NAM’s long-term commitment to creating shareholder value and strengthens its position in the emerging jurisdiction for precious and critical metals.
The most recent analyst rating on (TSE:NAM) stock is a Buy with a C$0.95 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.
New Age Metals has entered into an option agreement to acquire the Magnet Lake Property, enhancing its Bonanza Ridge Gold and Critical Metals Project in Ontario’s Kenora Mining District. This acquisition aligns with the company’s strategy to expand its holdings in a region poised for growth in critical and precious metals, supported by Ontario’s Critical Minerals Strategy and recent government-First Nation agreements. The property shows promising copper mineralization, and the company is well-positioned to leverage the province’s expanding critical-metals momentum.
The most recent analyst rating on (TSE:NAM) stock is a Buy with a C$0.95 price target. To see the full list of analyst forecasts on New Age Metals stock, see the TSE:NAM Stock Forecast page.