Shares of Trillium Gold Mines Inc. (CFM.V) (CVE:CFM) were up 2.9% on Wednesday . The company traded as high as C$0.70 and last traded at C$0.70. Approximately 10,100 shares traded hands during trading, a decline of 36% from the average daily volume of 15,774 shares. The stock had previously closed at C$0.68.
The firm has a market capitalization of C$14.65 million and a price-to-earnings ratio of -11.67. The business has a 50-day moving average of C$0.70 and a two-hundred day moving average of C$0.71. The company has a quick ratio of 1.62, a current ratio of 1.64 and a debt-to-equity ratio of 5.58.
About Trillium Gold Mines Inc. (CFM.V) (CVE:CFM)
Confederation Minerals Ltd., a junior resource company, engages in the acquisition, exploration, and development of mineral deposits in Canada. The company primarily explores for gold projects. It holds a 70% interest in the Newman Todd project located in the Red Lake mining district of northern Ontario; and a 35% interest in certain other claims adjacent to the Newman Todd project.
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