Trigon Metals (CVE:TM) Hits New 12-Month Low at $0.16

Trigon Metals Inc. (CVE:TM) hit a new 52-week low during trading on Tuesday . The company traded as low as C$0.16 and last traded at C$0.16, with a volume of 185646 shares trading hands. The stock had previously closed at C$0.17.

Trigon Metals Stock Down 3.0 %

The business has a 50 day moving average of C$0.19 and a 200 day moving average of C$0.19. The company has a debt-to-equity ratio of 5.03, a current ratio of 0.79 and a quick ratio of 0.03. The firm has a market capitalization of C$32.68 million, a price-to-earnings ratio of -0.89 and a beta of 1.90.

Trigon Metals (CVE:TM) last issued its earnings results on Tuesday, February 27th. The company reported C($0.05) EPS for the quarter. The company had revenue of C$7.76 million during the quarter.

Insider Buying and Selling at Trigon Metals

In other Trigon Metals news, insider 2176423 Ontario Ltd. sold 500,000 shares of the company’s stock in a transaction on Thursday, January 11th. The stock was sold at an average price of C$0.20, for a total value of C$100,000.00. Company insiders own 18.19% of the company’s stock.

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.