Tembo Gold Corp. (CVE:TEM – Get Free Report)’s stock price fell 11.1% on Thursday . The stock traded as low as C$0.16 and last traded at C$0.16. 54,000 shares were traded during mid-day trading, a decline of 15% from the average session volume of 63,688 shares. The stock had previously closed at C$0.18.
Tembo Gold Stock Performance
The company has a quick ratio of 5.80, a current ratio of 0.36 and a debt-to-equity ratio of 9.69. The stock’s fifty day moving average is C$0.16 and its two-hundred day moving average is C$0.16. The firm has a market capitalization of C$16.86 million, a price-to-earnings ratio of -5.33 and a beta of 0.62.
Tembo Gold Company Profile
Tembo Gold Corp., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Tanzania. The company primarily explores for gold deposits. Its flagship project is the Tembo gold property covering an area of 32 square kilometers located in the Lake Victoria goldfield district in northwest Tanzania.
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