Trigon Metals Inc. (CVE:TM – Get Free Report) shares were up 8.2% during mid-day trading on Tuesday . The company traded as high as C$0.27 and last traded at C$0.27. Approximately 67,760 shares traded hands during mid-day trading, a decline of 40% from the average daily volume of 113,237 shares. The stock had previously closed at C$0.25.
Trigon Metals Trading Up 26.5 %
The business has a fifty day moving average of C$0.32 and a 200-day moving average of C$0.60. The company has a debt-to-equity ratio of -97.36, a quick ratio of 0.03 and a current ratio of 0.23. The company has a market capitalization of C$9.62 million, a P/E ratio of -3.87 and a beta of 1.67.
Trigon Metals Company Profile
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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