Shares of Trigon Metals Inc. (CVE:TM – Get Free Report) traded up 8.2% during mid-day trading on Tuesday . The stock traded as high as C$0.27 and last traded at C$0.27. 67,760 shares changed hands during trading, a decline of 40% from the average session volume of 113,237 shares. The stock had previously closed at C$0.25.
Trigon Metals Trading Down 1.6 %
The company has a market cap of C$9.47 million, a price-to-earnings ratio of -3.81 and a beta of 1.67. The business’s fifty day moving average price is C$0.31 and its 200 day moving average price is C$0.59. 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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