Trigon Metals (CVE:TM) Trading Up 13.6% – Here’s What Happened

Trigon Metals Inc. (CVE:TMGet Free Report)’s share price traded up 13.6% during trading on Tuesday . The stock traded as high as C$0.25 and last traded at C$0.25. 366,332 shares were traded during mid-day trading, an increase of 453% from the average session volume of 66,222 shares. The stock had previously closed at C$0.22.

Trigon Metals Stock Performance

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 business has a 50 day moving average price of C$0.23 and a 200 day moving average price of C$0.25. The stock has a market capitalization of C$13.61 million, a PE ratio of -1.79 and a beta of 2.44.

Trigon Metals Company Profile

(Get Free Report)

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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