Trigon Metals Inc. (CVE:TM – Get Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.46 and last traded at C$0.46, with a volume of 41684 shares. The stock had previously closed at C$0.48.
Trigon Metals Stock Performance
The stock has a market capitalization of C$22.25 million, a PE ratio of 12.75 and a beta of 1.67. The company has a current ratio of 0.29, a quick ratio of 0.03 and a debt-to-equity ratio of 5.03. The firm’s fifty day moving average is C$0.73 and its 200-day moving average is C$0.84.
Insider Buying and Selling at Trigon Metals
In other news, Senior Officer Damian Lopez sold 30,000 shares of the stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of C$0.95, for a total value of C$28,350.00. 16.13% of the stock is currently owned by corporate insiders.
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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