Trigon Metals Inc. (CVE:TM – Get Free Report) hit a new 52-week low during trading on Thursday . The company traded as low as C$0.45 and last traded at C$0.45, with a volume of 78000 shares traded. The stock had previously closed at C$0.47.
Trigon Metals Stock Performance
The stock has a 50 day moving average of C$0.67 and a 200 day moving average of C$0.82. The company has a quick ratio of 0.03, a current ratio of 0.29 and a debt-to-equity ratio of 5.03. The firm has a market cap of C$17.89 million, a price-to-earnings ratio of 10.25 and a beta of 1.67.
Insider Activity
In other Trigon Metals news, Senior Officer Damian Lopez sold 30,000 shares of the company’s stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of C$0.95, for a total transaction of C$28,350.00. Corporate insiders own 16.13% of the company’s stock.
Trigon Metals Company Profile
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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