Trigon Metals Inc. (CVE:TM – Get Free Report)’s share price was up 13.6% during trading on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 366,332 shares changed hands during mid-day 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 Stock Up 2.0%
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 firm has a market capitalization of C$13.61 million, a price-to-earnings ratio of -1.79 and a beta of 2.65. The firm has a 50 day moving average price of C$0.23 and a two-hundred day moving average price of C$0.25.
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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