Tembo Gold Corp. (CVE:TEM – Get Free Report)’s share price was down 11.1% during mid-day trading on Friday . The company traded as low as C$0.16 and last traded at C$0.16. Approximately 54,000 shares traded hands during trading, a decline of 15% from the average daily volume of 63,688 shares. The stock had previously closed at C$0.18.
Tembo Gold Stock Performance
The company has a market capitalization of C$16.86 million, a price-to-earnings ratio of -5.33 and a beta of 0.62. The company has a current ratio of 0.36, a quick ratio of 5.80 and a debt-to-equity ratio of 9.69. The stock’s fifty day simple moving average is C$0.16 and its 200-day simple moving average is C$0.16.
About Tembo Gold
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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