Shares of Treasury Metals Inc (TSE:TML) fell 3% during mid-day trading on Thursday . The stock traded as low as C$0.32 and last traded at C$0.32, 39,230 shares changed hands during trading. A decline of 59% from the average session volume of 95,192 shares. The stock had previously closed at C$0.33.
The company’s 50-day moving average price is C$0.37 and its 200-day moving average price is C$0.30. The company has a debt-to-equity ratio of 6.18, a current ratio of 0.93 and a quick ratio of 0.88. The company has a market cap of $52.66 million and a P/E ratio of -11.43.
Treasury Metals Company Profile (TSE:TML)
Treasury Metals Inc engages in the exploration and evaluation of mineral resources in Canada. The company primarily explores for gold, silver, copper, lead, and zinc deposits. Its flagship asset is the Goliath Gold Project comprising 126 contiguous unpatented mining claims and 23 patented land parcels, as well as 3 mining leases covering approximately 5,049 hectares located near the city of Dryden in north western Ontario.
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