Trigon Metals (CVE:TM) Reaches New 12-Month High at $1.13

Trigon Metals Inc. (CVE:TMGet Free Report) shares reached a new 52-week high on Thursday . The company traded as high as C$1.13 and last traded at C$1.13, with a volume of 21744 shares. The stock had previously closed at C$0.21.

Trigon Metals Price Performance

The company has a debt-to-equity ratio of 5.03, a quick ratio of 0.03 and a current ratio of 0.79. The stock’s 50 day simple moving average is C$0.20 and its two-hundred day simple moving average is C$0.20. The firm has a market capitalization of C$245.12 million, a PE ratio of -6.21 and a beta of 1.82.

About Trigon Metals

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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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