Added to YB: 2024-08-01
Pitch date: 2024-07-30
TM.V [bullish]
Trigon Metals Inc.
-76.77%
current return
Author Info
No bio for this author
Company Info
Trigon Metals Inc., together with its subsidiaries, engages in the acquisition, exploration, development, and maintenance of mines and mineral properties in the African continent.
Market Cap
CAD 30.2M
Pitch Price
CAD 0.99
Price Target
3.50 (+1358%)
Dividend
N/A
EV/EBITDA
6.04
P/E
-17.32
EV/Sales
3.02
Sector
Metals and Mining
Category
growth
Trigon Metals – FY24 Financials Improve with Costs Decreasing
TM.V: Q4 C1 costs $3.31/lb vs $3.81 FY. Underground ramp-up: Apr 16.5Kt@2.11%Cu, May 29.7Kt@2.16%Cu. FY25 guide: 250-280Kt@1.95-2.3%Cu, 12.1-13.4Mlb Cu, C1 $2.80-3.15/lb. Dewatering fixed. $2.5M IXM facility. PT C$3.50 (0.6x NAV). Catalysts: Q results, drilling, Safi-Silver spinout. Buy.
Read full article (4 min)