Trigon Metals Inc. (CVE:TM – Get Free Report)’s stock price reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.38 and last traded at C$0.41, with a volume of 246700 shares changing hands. The stock had previously closed at C$0.40.
Trigon Metals Trading Down 8.6 %
The business has a 50-day moving average price of C$0.62 and a 200-day moving average price of C$0.79. The company has a quick ratio of 0.03, a current ratio of 0.29 and a debt-to-equity ratio of 5.03. The firm has a market capitalization of C$16.14 million, a P/E ratio of 9.25 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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