Trigon Metals Stock Today

TM Stock  CAD 0.84  0.01  1.18%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 46

 
High
 
Low
About Average
Trigon Metals is selling for under 0.84 as of the 28th of November 2024; that is 1.18 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.84. Trigon Metals has 46 percent odds of going through some form of financial distress in the next two years and did not have a very good performance for investor during the last 90 trading days. Equity ratings for Trigon Metals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of September 2024 and ending today, the 28th of November 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
Trigon Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and maintenance of mines and mineral properties in the African country of Namibia. Trigon Metals Inc. was incorporated in 2005 and is headquartered in Toronto, Canada. The company has 43.63 M outstanding shares of which 6.79 K shares are at this time shorted by private and institutional investors with about 0.05 trading days to cover. More on Trigon Metals

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Moving against Trigon Stock

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Trigon Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Trigon Metals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Trigon Metals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
President DirectorJeddiah Richardson
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Industrial Metals & Minerals, Basic Materials (View all Sectors)
Trigon Metals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Trigon Metals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Trigon Metals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Trigon Metals' financial leverage. It provides some insight into what part of Trigon Metals' total assets is financed by creditors.
Liquidity
Trigon Metals cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Trigon Metals currently holds 6.94 M in liabilities. Trigon Metals has a current ratio of 0.36, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Trigon Metals until it has trouble settling it off, either with new capital or with free cash flow. So, Trigon Metals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Trigon Metals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Trigon to invest in growth at high rates of return. When we think about Trigon Metals' use of debt, we should always consider it together with cash and equity.

Net Income

28,396.2
Trigon Metals (TM) is traded on TSX Venture Exchange in Canada and employs 419 people. Trigon Metals is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 34.9 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Trigon Metals's market, we take the total number of its shares issued and multiply it by Trigon Metals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Trigon Metals conducts business under Metals & Mining sector and is part of Materials industry. The entity has 43.63 M outstanding shares of which 6.79 K shares are at this time shorted by private and institutional investors with about 0.05 trading days to cover. Trigon Metals currently holds about 565.69 K in cash with (5.5 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.02.
Check Trigon Metals Probability Of Bankruptcy
Ownership Allocation
Trigon Metals shows a total of 43.63 Million outstanding shares. Trigon Metals has 15.94 % of its outstanding shares held by insiders and 0.86 % owned by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Trigon Ownership Details

Trigon Metals Risk Profiles

Although Trigon Metals' alpha and beta are two of the key measurements used to evaluate Trigon Metals' performance over the market, the standard measures of volatility play an important role as well.

Trigon Stock Against Markets

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Trigon Metals Corporate Management

Elected by the shareholders, the Trigon Metals' board of directors comprises two types of representatives: Trigon Metals inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Trigon. The board's role is to monitor Trigon Metals' management team and ensure that shareholders' interests are well served. Trigon Metals' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Trigon Metals' outside directors are responsible for providing unbiased perspectives on the board's policies.
Aidan SullivanVice RelationsProfile
Damian LopezCorporate Secretary, Legal CounselProfile
BSc PGeoGeological ConsultantProfile
CEng DICConsultantProfile
MBA CAChief OfficerProfile
Heidi GerryCorporate ControllerProfile

Additional Tools for Trigon Stock Analysis

When running Trigon Metals' price analysis, check to measure Trigon Metals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Trigon Metals is operating at the current time. Most of Trigon Metals' value examination focuses on studying past and present price action to predict the probability of Trigon Metals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Trigon Metals' price. Additionally, you may evaluate how the addition of Trigon Metals to your portfolios can decrease your overall portfolio volatility.