Treasury Metals (TSE:TML) Trading 4.8% Higher – Should You Buy?

Treasury Metals Inc. (TSE:TML) shares were up 4.8% on Monday . The company traded as high as C$0.22 and last traded at C$0.22. Approximately 30,167 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 174,097 shares. The stock had previously closed at C$0.21.

Treasury Metals Trading Up 4.8 %

The stock has a market capitalization of C$41.24 million, a P/E ratio of -2.44 and a beta of 1.56. The business has a 50 day simple moving average of C$0.22 and a 200-day simple moving average of C$0.19. The company has a debt-to-equity ratio of 17.09, a quick ratio of 2.24 and a current ratio of 3.66.

Treasury Metals Company Profile

Treasury Metals Inc operates as a gold exploration and development company in Canada. The company's flagship asset is the 100%-owned Goliath Gold Complex, an advanced stage high-grade gold deposit near Dryden, Ontario, which includes the Goliath, Goldlund, and Miller projects. Its Goliath property covers approximately 7,601 hectares (ha) comprising 284 mining claims totaling approximately 6,254 ha; four mining leases totaling 359.25 ha; and 28 land parcels totaling 1,347.189 ha.