Shares of Trillium Gold Mines Inc. (CVE:TGM – Get Rating) rose 21.4% during trading on Wednesday . The stock traded as high as C$0.26 and last traded at C$0.26. Approximately 171,100 shares traded hands during trading, an increase of 89% from the average daily volume of 90,451 shares. The stock had previously closed at C$0.21.
Trillium Gold Mines Stock Down 11.3 %
The company has a debt-to-equity ratio of 3.49, a current ratio of 0.87 and a quick ratio of 0.71. The company’s 50-day simple moving average is C$0.22 and its 200 day simple moving average is C$0.24. The firm has a market cap of C$18.69 million and a P/E ratio of -0.79.
About Trillium Gold Mines
Trillium Gold Mines Inc engages in the acquisition, exploration, and development of mineral properties primarily located in the Red Lake mining district of northern Ontario. The company explores for gold, copper, zinc, and silver deposits. Its flagship property is the Newman Todd gold project located in the Red Lake mining district.
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