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Trigon Metals Inc ( (TSE:TM) ) just unveiled an announcement.
Trigon Metals Inc. has completed a drone-based aeromagnetic survey over its Kalahari Copper Project in Namibia, identifying key exploration targets. The survey results, which highlight prospective zones for mineralization, will guide the company’s upcoming drilling program, advancing its exploration efforts in a region with significant potential.
The most recent analyst rating on (TSE:TM) stock is a Buy with a C$1.50 price target. To see the full list of analyst forecasts on Trigon Metals Inc stock, see the TSE:TM Stock Forecast page.
Spark’s Take on TSE:TM Stock
According to Spark, TipRanks’ AI Analyst, TSE:TM is a Underperform.
Trigon Metals Inc faces significant financial instability, with negative profitability and high leverage, impacting its overall stock score. Technical analysis indicates a bearish trend, while the valuation suffers due to a negative P/E ratio and no dividend yield. Although corporate events suggest potential strategic shifts providing financial flexibility, operational challenges pose risks. The overall score reflects these significant challenges, suggesting caution for potential investors.
To see Spark’s full report on TSE:TM stock, click here.
More about Trigon Metals Inc
Trigon Metals Inc. is a publicly traded Canadian exploration and development company.
Average Trading Volume: 67,155
Technical Sentiment Signal: Sell
Current Market Cap: C$14.98M
See more data about TM stock on TipRanks’ Stock Analysis page.