Trillium Gold Mines Inc. (CVE:TGM – Get Rating)’s share price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$0.52 and traded as low as C$0.28. Trillium Gold Mines shares last traded at C$0.29, with a volume of 9,100 shares.
The company has a market capitalization of C$15.91 million and a price-to-earnings ratio of -0.96. The stock’s 50 day moving average price is C$0.33 and its 200 day moving average price is C$0.52. The company has a current ratio of 5.86, a quick ratio of 5.60 and a debt-to-equity ratio of 2.90.
Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties in Canada. It explores for gold, copper, zinc, and silver deposits. The company's flagship property is the Newman Todd gold project located in the Red Lake mining district of northern Ontario. It also holds interest in the Willis property that comprises of thirteen patented mineral claims covering an area of 229 hectares located in Todd Township, Red Lake Mining District, Ontario.
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