Trigon Metals Inc. (CVE:TM) Director Jeddiah Kurt Richardson Richardson Acquires 562,000 Shares

Trigon Metals Inc. (CVE:TMGet Rating) Director Jeddiah Kurt Richardson Richardson purchased 562,000 shares of the firm’s stock in a transaction dated Thursday, November 10th. The stock was acquired at an average price of C$0.16 per share, with a total value of C$89,639.00. Following the purchase, the director now directly owns 5,671,980 shares of the company’s stock, valued at C$904,680.81.

Trigon Metals Stock Performance

Shares of TM opened at C$0.16 on Monday. The company has a debt-to-equity ratio of 111.37, a current ratio of 0.24 and a quick ratio of 0.14. Trigon Metals Inc. has a one year low of C$0.11 and a one year high of C$0.54. The firm has a market capitalization of C$27.99 million and a P/E ratio of -4.00. The business has a fifty day moving average of C$0.15 and a 200 day moving average of C$0.18.

Trigon Metals (CVE:TMGet Rating) last issued its quarterly earnings data on Friday, August 26th. The company reported C($0.04) EPS for the quarter. The company had revenue of C$0.39 million during the quarter.

About Trigon Metals

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Trigon Metals Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and maintenance of mines and mineral properties in the African continent. It primarily explores for copper, lead, and silver deposits. The company 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 one prospecting license covering 1,057 hectares located in Northern Namibia.

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