Trigon Metals Inc. (CVE:TM – Get Free Report)’s stock price rose 13.6% on Tuesday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 366,332 shares traded hands during trading, an increase of 453% from the average daily volume of 66,222 shares. The stock had previously closed at C$0.22.
Trigon Metals Trading Up 13.6%
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 stock’s 50-day moving average is C$0.23 and its two-hundred day moving average is C$0.25. The stock has a market cap of C$13.61 million, a P/E ratio of -1.79 and a beta of 2.44.
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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