Tembo Gold (CVE:TEM) Trading Down 3.7%

Shares of Tembo Gold Corp. (CVE:TEMGet Rating) traded down 3.7% on Thursday . The company traded as low as C$0.26 and last traded at C$0.26. 37,000 shares were traded during trading, an increase of 36% from the average session volume of 27,241 shares. The stock had previously closed at C$0.27.

The company has a market cap of C$24.27 million and a P/E ratio of -11.09. The company has a quick ratio of 0.36, a current ratio of 0.44 and a debt-to-equity ratio of 0.86. The business has a 50-day moving average price of C$0.26 and a two-hundred day moving average price of C$0.25.

Tembo Gold Company Profile (CVE:TEM)

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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