Shares of Trigon Metals Inc. (CVE:TM – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.27 and last traded at C$0.29, with a volume of 87362 shares changing hands. The stock had previously closed at C$0.30.
Trigon Metals Price Performance
The stock has a market cap of C$12.43 million, a price-to-earnings ratio of 7.13 and a beta of 1.67. The company has a 50-day moving average of C$0.51 and a 200-day moving average of C$0.72. The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.03 and a current ratio of 0.29.
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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