Trigon Metals Inc. (CVE:TM – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.27 and last traded at C$0.29, with a volume of 87362 shares. The stock had previously closed at C$0.30.
Trigon Metals Price Performance
The company has a market capitalization of C$12.43 million, a PE ratio of 7.13 and a beta of 1.67. 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 stock has a fifty day simple moving average of C$0.51 and a 200-day simple moving average of C$0.72.
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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