Shares of Trigon Metals Inc. (CVE:TM – Get Free Report) traded up 26.5% on Tuesday . The stock traded as high as C$0.32 and last traded at C$0.31. 176,860 shares were traded during trading, an increase of 52% from the average session volume of 116,581 shares. The stock had previously closed at C$0.25.
Trigon Metals Trading Up 22.4 %
The company has a debt-to-equity ratio of -97.36, a current ratio of 0.23 and a quick ratio of 0.03. The business has a fifty day moving average of C$0.32 and a 200-day moving average of C$0.60. The stock has a market capitalization of C$9.31 million, a price-to-earnings 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.
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