Trigon Metals Inc. (CVE:TM – Get Free Report)’s share price rose 22.4% on Tuesday . The company traded as high as C$0.32 and last traded at C$0.30. Approximately 181,360 shares changed hands during trading, an increase of 55% from the average daily volume of 116,686 shares. The stock had previously closed at C$0.25.
Trigon Metals Stock Down 1.6 %
The business has a 50-day moving average price of C$0.31 and a two-hundred day moving average price of C$0.59. 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 cap of C$9.47 million, a PE ratio of -3.81 and a beta of 1.67.
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.
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