Trigon Metals Inc. (CVE:TM – Get Free Report)’s stock price traded up 26.5% during mid-day trading on Wednesday . The company traded as high as C$0.32 and last traded at C$0.31. 189,360 shares were traded during trading, an increase of 62% from the average session volume of 116,840 shares. The stock had previously closed at C$0.25.
Trigon Metals Stock Performance
The company has a quick ratio of 0.03, a current ratio of 0.23 and a debt-to-equity ratio of -97.36. The firm has a market capitalization of C$9.62 million, a P/E ratio of -3.87 and a beta of 1.67. The stock has a fifty day moving average of C$0.31 and a 200-day moving average of C$0.60.
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
- What is MarketRank™? How to Use it
- Retail Sales Data Signals a Surge: The E-Commerce Stock Picks
- What Do S&P 500 Stocks Tell Investors About the Market?
- Qualcomm’s Low PE Ratio Makes It A Seriously Attractive Stock
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Dollar General Stock Jumps—Will Its Turnaround Plan Work?
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.