TomaGold (CVE:LOT) Shares Down 8.3% – Here’s What Happened

TomaGold Co. (CVE:LOT) shares dropped 8.3% during mid-day trading on Wednesday . The company traded as low as C$0.05 and last traded at C$0.06. Approximately 116,055 shares traded hands during trading, a decline of 73% from the average daily volume of 425,577 shares. The stock had previously closed at C$0.06.

TomaGold Trading Down 16.7%

The company has a quick ratio of 3.01, a current ratio of 0.09 and a debt-to-equity ratio of 38.27. The company has a fifty day moving average of C$0.06 and a two-hundred day moving average of C$0.06. The stock has a market capitalization of C$14.81 million, a price-to-earnings ratio of -12.50 and a beta of 1.67.

TomaGold Company Profile

TomaGold Corporation, together with its subsidiaries, engages in the acquisition, exploration, assessment, and development of gold mineral properties in Canada. The company also explores copper and rare-earth minerals. It holds interests in properties located in northern Quebec and Ontario. The company is based in Montréal, Canada.