Tembo Gold Corp. (CVE:TEM – Get Free Report)’s stock price fell 11.1% during mid-day trading on Thursday . The company traded as low as C$0.16 and last traded at C$0.16. 54,000 shares were traded during trading, a decline of 15% from the average session volume of 63,688 shares. The stock had previously closed at C$0.18.
Tembo Gold Price Performance
The company has a 50 day simple moving average of C$0.16 and a 200 day simple moving average of C$0.16. The stock has a market cap of C$16.86 million, a P/E ratio of -5.33 and a beta of 0.62. The company has a current ratio of 0.36, a quick ratio of 5.80 and a debt-to-equity ratio of 9.69.
Tembo Gold Company Profile
Tembo Gold Corp., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Tanzania. The company primarily explores for gold deposits. Its flagship project is the Tembo gold property covering an area of 32 square kilometers located in the Lake Victoria goldfield district in northwest Tanzania.
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