Trigon Metals (CVE:TM) Reaches New 1-Year Low at $0.64

Trigon Metals Inc. (CVE:TM) hit a new 52-week low during trading on Wednesday . The stock traded as low as C$0.64 and last traded at C$0.66, with a volume of 14671 shares. The stock had previously closed at C$0.66.

Trigon Metals Stock Down 3.0 %

The stock has a fifty day simple moving average of C$0.92 and a two-hundred day simple moving average of C$0.54. The company has a current ratio of 0.32, a quick ratio of 0.03 and a debt-to-equity ratio of 5.03. The firm has a market cap of C$28.36 million, a PE ratio of -4.47 and a beta of 1.64.

Trigon Metals (CVE:TM) last posted its earnings results on Wednesday, August 21st. The company reported C($0.07) earnings per share (EPS) for the quarter. The firm had revenue of C$13.73 million during the quarter. Trigon Metals had a negative return on equity of 1,849.77% and a negative net margin of 8.07%. As a group, sell-side analysts expect that Trigon Metals Inc. will post 0.3431373 EPS for the current fiscal year.

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.