Treasury Metals (TSE:TML) Trading 4.8% Higher – Still a Buy?

Treasury Metals Inc. (TSE:TML) shares traded up 4.8% during trading on Tuesday . The company traded as high as C$0.22 and last traded at C$0.22. 30,167 shares traded hands during trading, a decline of 83% from the average session volume of 174,097 shares. The stock had previously closed at C$0.21.

Treasury Metals Price Performance

The firm has a market capitalization of C$41.24 million, a PE ratio of -2.44 and a beta of 1.56. The company has a current ratio of 3.66, a quick ratio of 2.24 and a debt-to-equity ratio of 17.09. The company has a fifty day moving average price of C$0.22 and a two-hundred day moving average price of C$0.20.

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.