Trigon Metals Inc. (CVE:TM – Get Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as C$0.26 and last traded at C$0.26, with a volume of 47400 shares traded. The stock had previously closed at C$0.26.
Trigon Metals Stock Performance
The firm has a market cap of C$7.92 million, a P/E ratio of -3.18 and a beta of 1.67. The company has a current ratio of 0.23, a quick ratio of 0.03 and a debt-to-equity ratio of -97.36. The company’s 50-day moving average is C$0.43 and its two-hundred day moving average is C$0.67.
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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