Tembo Gold Corp. (CVE:TEM – Get Free Report) fell 11.1% on Thursday . The stock traded as low as C$0.16 and last traded at C$0.16. 54,000 shares were traded during trading, a decline of 15% from the average session volume of 63,688 shares. The stock had previously closed at C$0.18.
Tembo Gold Stock Down 11.1 %
The company has a market cap of C$16.86 million, a P/E ratio of -5.33 and a beta of 0.62. The business’s 50 day moving average price is C$0.16 and its 200-day moving average price is C$0.16. The company has a debt-to-equity ratio of 9.69, a current ratio of 0.36 and a quick ratio of 5.80.
About Tembo Gold
Tembo Gold Corp., a junior mineral exploration company, engages in the acquisition and exploration of mineral properties in Tanzania. The company primarily explores for gold deposits. Its flagship project is the Tembo gold property covering an area of 32 square kilometers located in the Lake Victoria goldfield district in northwest Tanzania.
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