Trigon Metals Inc. (CVE:TM – Get Free Report) reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.21 and last traded at C$0.21, with a volume of 112000 shares changing hands. The stock had previously closed at C$0.24.
Trigon Metals Stock Performance
The stock’s 50-day moving average price is C$0.37 and its 200 day moving average price is C$0.64. The firm has a market cap of C$6.83 million, a P/E ratio of -2.75 and a beta of 1.67. The company has a debt-to-equity ratio of -97.36, a current ratio of 0.23 and a quick ratio of 0.03.
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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