Treasury Metals (TSE:TML) Trading Down 3.4%

Treasury Metals Inc (TSE:TML)’s stock price was down 3.4% on Thursday . The company traded as low as C$0.28 and last traded at C$0.28, approximately 232,000 shares were traded during mid-day trading. An increase of 133% from the average daily volume of 99,393 shares. The stock had previously closed at C$0.29.

The business’s 50-day moving average is C$0.34 and its two-hundred day moving average is C$0.30. The company has a debt-to-equity ratio of 6.18, a quick ratio of 0.88 and a current ratio of 0.93. The stock has a market capitalization of $47.07 million and a PE ratio of -10.00.

About Treasury Metals (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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