Trigon Metals Inc. (CVE:TM – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.24 and last traded at C$0.25, with a volume of 58550 shares traded. The stock had previously closed at C$0.25.
Trigon Metals Stock Performance
The firm’s fifty day moving average is C$0.40 and its 200 day moving average is C$0.66. The firm has a market capitalization of C$7.76 million, a price-to-earnings ratio of -3.12 and a beta of 1.67. The company has a debt-to-equity ratio of -97.36, a current ratio of 0.23 and a quick ratio of 0.03.
About Trigon Metals
Trigon Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and maintenance of mines and mineral properties in the African continent. The company primarily explores for copper, lead, and silver deposits. It holds an 80% interest in its flagship project, the Kombat Mine Property, which consists of five mining licenses that covers approximately 1,219 hectares and prospecting license covering 6,671 hectares located in Northern Namibia.
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