Treasury Metals (TSE:TML) Stock Price Down 4.3%

Treasury Metals Inc. (TSE:TML) fell 4.3% during trading on Monday . The company traded as low as C$0.22 and last traded at C$0.22. 4,233,128 shares were traded during mid-day trading, an increase of 2,999% from the average session volume of 136,590 shares. The stock had previously closed at C$0.23.

Analysts Set New Price Targets

Separately, Cormark lowered their target price on shares of Treasury Metals from C$0.50 to C$0.30 in a research note on Friday, March 1st.

Treasury Metals Price Performance

The company has a debt-to-equity ratio of 17.09, a quick ratio of 2.24 and a current ratio of 3.66. The stock’s 50-day moving average is C$0.18 and its two-hundred day moving average is C$0.16. The stock has a market cap of C$41.16 million, a PE ratio of -2.44 and a beta of 1.65.

Treasury Metals (TSE:TML) last released its quarterly earnings results on Friday, March 22nd. The company reported C($0.02) EPS for the quarter. On average, equities analysts predict that Treasury Metals Inc. will post -0.02 earnings per share for the current year.

About Treasury Metals

Treasury Metals Inc operates as a gold exploration and development company in Canada. The company's flagship asset is the 100%-owned Goliath Gold Complex, an advanced stage high-grade gold deposit near Dryden, Ontario, which includes the Goliath, Goldlund, and Miller projects. Its Goliath property covers approximately 7,601 hectares (ha) comprising 284 mining claims totaling approximately 6,254 ha; four mining leases totaling 359.25 ha; and 28 land parcels totaling 1,347.189 ha.