Trigon Metals Inc. (CVE:TM – Get Free Report) was up 22.4% during mid-day trading on Tuesday . The company traded as high as C$0.32 and last traded at C$0.30. Approximately 181,360 shares were traded 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 Price Performance
The company’s 50 day simple moving average is C$0.32 and its 200 day simple moving average is C$0.60. The company has a current ratio of 0.23, a quick ratio of 0.03 and a debt-to-equity ratio of -97.36. The stock has a market capitalization of C$9.31 million, a PE ratio of -3.75 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.
Further Reading
- Five stocks we like better than Trigon Metals
- What is a Death Cross in Stocks?
- Arqit Stock Soars as NVIDIA’s GTC Fuels Quantum Excitement
- How to Invest in the FAANG Stocks
- 3 Must-Own Stocks to Build Wealth This Decade
- Differences Between Momentum Investing and Long Term Investing
- Advanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?
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.