Trigon Metals Inc. (CVE:TM – Get Free Report)’s stock price hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.45 and last traded at C$0.45, with a volume of 78000 shares. The stock had previously closed at C$0.47.
Trigon Metals Stock Performance
The stock’s 50 day moving average is C$0.67 and its two-hundred day moving average is C$0.82. The firm has a market capitalization of C$17.89 million, a P/E ratio of 10.25 and a beta of 1.67. The company has a debt-to-equity ratio of 5.03, a current ratio of 0.29 and a quick ratio of 0.03.
Insider Buying and Selling at Trigon Metals
In other Trigon Metals news, Senior Officer Damian Lopez sold 30,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of C$0.95, for a total value of C$28,350.00. Corporate insiders own 16.13% of the company’s stock.
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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