Trigon Metals Inc. (CVE:TM) Senior Officer Damian Lopez Sells 30,000 Shares

Trigon Metals Inc. (CVE:TM) Senior Officer Damian Lopez sold 30,000 shares of the company’s stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of C$0.95, for a total value of C$28,350.00.

Trigon Metals Trading Down 3.2 %

Shares of CVE TM opened at C$0.90 on Monday. Trigon Metals Inc. has a twelve month low of C$0.61 and a twelve month high of C$1.28. The stock has a market cap of C$39.27 million, a price-to-earnings ratio of 22.50 and a beta of 1.67. 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 company’s fifty day moving average is C$0.80 and its 200-day moving average is C$0.69.

Trigon Metals (CVE:TM) last posted its earnings results on Wednesday, August 21st. The company reported C($0.07) earnings per share for the quarter. Trigon Metals had a negative return on equity of 1,849.77% and a negative net margin of 0.50%. The business had revenue of C$13.73 million for the quarter. Equities research analysts predict that Trigon Metals Inc. will post 0.3402778 EPS for the current 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.