Trigon Metals Inc. (CVE:TM) Senior Officer Sells C$28,350.00 in Stock

Trigon Metals Inc. (CVE:TM) Senior Officer Damian Lopez sold 30,000 shares of the company’s stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of C$0.95, for a total transaction of C$28,350.00.

Trigon Metals Stock Performance

Shares of TM stock traded down C$0.03 during trading hours on Friday, hitting C$0.90. The company’s stock had a trading volume of 12,375 shares, compared to its average volume of 42,678. 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 company has a 50 day moving average of C$0.80 and a 200 day moving average of C$0.68. Trigon Metals Inc. has a 12-month low of C$0.61 and a 12-month high of C$1.28. The stock has a market cap of C$39.27 million, a PE ratio of 23.25 and a beta of 1.67.

Trigon Metals (CVE:TM) last posted its earnings results on Wednesday, August 21st. The company reported C($0.07) earnings per share (EPS) for the quarter. Trigon Metals had a negative net margin of 0.50% and a negative return on equity of 1,849.77%. The firm had revenue of C$13.73 million during the quarter. On average, sell-side analysts forecast that Trigon Metals Inc. will post 0.3402778 EPS for the current fiscal year.

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.