Tembo Gold Corp. (CVE:TEM – Get Free Report) shares were down 11.1% on Monday . The stock 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 Price Performance
The stock has a market capitalization of C$16.86 million, a P/E ratio of -5.33 and a beta of 0.62. The business’s 50 day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.16. The company has a quick ratio of 5.80, a current ratio of 0.36 and a debt-to-equity ratio of 9.69.
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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