TM.v sees second straight day of 20% gains. Trigon Metals (TSXV: TM) shares are seeing another huge day on the charts. Shares have gained another 20% today on high relative volume, marking the first time SP has crossed above the 50MA since July.
TM recently announced high-grade copper mineralization from recent exploration drilling at the Kombat Mine in Namibia. Multiple holes delivered copper values above 1%, with one hole showing 7.76% copper concentration over 4.0 metres.
Trigon will resume copper production once the price of the commodity recovers, so it will be worth keeping an eye out for this.
TM.v is currently trading at $.18, valued at $30.54 million.
https://ceo.ca/@businesswire/latest-drilling-at-the-kombat-trend-reveals-growing