Trigon Metals Inc. (CVE:TM – Get Free Report)’s share price reached a new 52-week low on Wednesday . The stock traded as low as C$0.38 and last traded at C$0.41, with a volume of 246700 shares traded. The stock had previously closed at C$0.40.
Trigon Metals Trading Up 2.5 %
The company’s 50-day moving average is C$0.64 and its 200 day moving average is C$0.80. The company has a current ratio of 0.29, a quick ratio of 0.03 and a debt-to-equity ratio of 5.03. The firm has a market cap of C$17.89 million, a PE ratio of 10.25 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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