Trigon Metals (CVE:TM) Trading Up 13.6% – Should You Buy?

Trigon Metals Inc. (CVE:TMGet Free Report)’s share price traded up 13.6% during trading on Wednesday . The company traded as high as C$0.25 and last traded at C$0.25. 366,332 shares were traded during 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 Price Performance

The company has a debt-to-equity ratio of -97.36, a quick ratio of 0.03 and a current ratio of 0.23. The firm has a fifty day simple moving average of C$0.23 and a two-hundred day simple moving average of C$0.25. The firm has a market cap of C$13.61 million, a PE ratio of -1.79 and a beta of 2.65.

About Trigon Metals

(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.

Featured Articles

Receive News & Ratings for Trigon Metals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trigon Metals and related companies with MarketBeat.com's FREE daily email newsletter.