Trigon Metals Inc.

Trigon Metals Inc.

TM.V
Trigon Metals Inc.CA flagToronto Stock Exchange Ventures
0.40
CAD
-0.01
- -
21.91MMarket Cap
Trigon Metals Inc.
TM.V
(Toronto Stock Exchange Ventures)

Recent

price

0.40

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.03
- -
- -
- -
Revenue per Share
-0.91
-0.47
-3.88
-10.68
-1.24
-1.73
-0.06
-0.4
-0.6
-0.36
-0.16
-0.25
-0.2
-0.48
-0.02
-0.09
0.8
Basic EPS, GAAP
-0.73
-0.63
-3.49
-4.94
-1.24
-0.63
-0.27
-0.4
-0.54
-0.35
-0.14
-0.15
-0.65
-0.4
-0.57
- -
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-87.56
-48.54
-2.67
-5.72
-3.13
-3.23
-0.72
-0.16
-0.25
-0.29
-0.03
-0.4
-0.07
-0.62
-0.35
-0.3
-0.01
Book Value per Share
-0.98
3.75
2.76
2.9
2.55
0.44
0.03
0.12
-0.01
-0.1
0.1
0.06
0.35
-0.2
-0.1
-0.14
0.3
Tangible Book Value per Share
- -
- -
1
2
2
2
3
3
5
6
12
21
25
34
39
45
37
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
- -
- -
- -
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-584.23
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
2
- -
- -
Depreciation Expense
- -
- -
-3
-17
-2
-4
- -
-1
-3
-2
-2
-5
-5
-16
-1
-4
29
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-1,734.82
- -
- -
- -
Profit Margin (%)
- -
1
2
- -
1
1
- -
- -
- -
-1
1
2
-4
19
-9
-6
13
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
- -
4
- -
1
LT Debt
- -
1
2
5
5
1
- -
- -
- -
-1
1
1
9
-7
-4
-6
11
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
144
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-204.4
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Jun'26
Sep'26
Dec'26
ST Debt
4
7
1
LT Borrowings
- -
- -
1
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
54
55
55
Market Capitalization
10
7
14

Working Capital

FRC

in mil. unless spec.
Jun'26
Sep'26
Dec'26
Total Current Assets
35
35
18
Cash, Cash Equivalents & STI
1
1
1
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
45
47
5
Payables & Accruals
4
4
4
ST Debt
4
7
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
122.82%
94.78%
50.87%
Free Cash Flow
53.64%
91.75%
-100.38%
Net Income, GAAP
131.71%
142.67%
434.62%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
4
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.08
-0.09
-0.18
- -
-0.02
2025
-0.05
-0.19
-0.27
- -
-0.09
2026
-3.34
-0.05
0.35
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Trigon Metals Inc. (TSX-V: TM) is a mineral exploration and development company focused on copper and silver projects in Namibia. The company owns and operates the Kombat Mine, which produces copper concentrate through underground mining and processing operations; it also holds the Etango Gold Project, a heap leach gold development asset. Trigon offers mining services including ore extraction, milling, flotation recovery, and concentrate handling, with products sold primarily to international smelters. Founded in 2014 and headquartered in Vancouver, Canada, Trigon conducts all its operations in Namibia, targeting base metals markets for industrial and electronics applications. In recent developments, Trigon Metals restarted full production at the Kombat Mine in 2023 following refurbishment and optimization efforts, achieving record quarterly output in Q3 2024 with over 2,600 tonnes of copper equivalent produced. The company secured a US$5 million loan facility from Trafigura in late 2024 to support ongoing mine expansion and working capital needs. Additionally, Trigon entered a strategic partnership with Yellow Metal Corp. in 2025 for potential silver streaming on Kombat output, alongside advancing a preliminary economic assessment for the Etango project's oxide resource. These initiatives mark a shift toward multi-asset growth, with Kombat's production ramp-up exceeding guidance amid strong copper prices.