Trigon Metals Inc. (CVE:TM – Get Free Report)’s stock price fell 20.9% during mid-day trading on Thursday . The company traded as low as C$0.27 and last traded at C$0.27. 1,344,357 shares traded hands during mid-day trading, an increase of 841% from the average session volume of 142,821 shares. The stock had previously closed at C$0.34.
Trigon Metals Stock Performance
The company has a debt-to-equity ratio of -97.36, a current ratio of 0.23 and a quick ratio of 0.03. The stock has a market capitalization of C$8.85 million, a P/E ratio of -3.56 and a beta of 1.67. The company has a 50 day simple moving average of C$0.44 and a 200-day simple moving average of C$0.69.
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.
Further Reading
- Five stocks we like better than Trigon Metals
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- 3 Dividend ETFs to Capitalize on the Slide in Chip Stocks
- How to Buy Cheap Stocks Step by Step
- Is Chevron Stock Primed for Growth After Profit-Boosting News?
- What Are the FAANG Stocks and Are They Good Investments?
- MarketBeat Week in Review – 02/10 – 02/14
Receive News & Ratings for Trigon Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trigon Metals and related companies with MarketBeat.com's FREE daily email newsletter.
