Triumph Gold (CVE:TIG) Hits New 52-Week Low at $0.31

Triumph Gold Corp (CVE:TIG)’s stock price hit a new 52-week low on Monday . The stock traded as low as C$0.31 and last traded at C$0.31, with a volume of 18500 shares changing hands. The stock had previously closed at C$0.32.

The firm has a 50 day moving average of C$0.46 and a two-hundred day moving average of C$0.42. The stock has a market cap of $34.31 million and a P/E ratio of -3.66. The company has a debt-to-equity ratio of 1.03, a quick ratio of 3.38 and a current ratio of 3.71.

In related news, insider Palisade Global Investments Ltd. sold 1,033,000 shares of the stock in a transaction that occurred on Friday, July 19th. The stock was sold at an average price of C$0.48, for a total transaction of C$495,840.00. Following the completion of the sale, the insider now owns 13,559,833 shares in the company, valued at approximately C$6,508,719.84.

Triumph Gold Company Profile (CVE:TIG)

Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties. The company explores for gold, silver, copper, molybdenum, and tungsten deposits. It owns a 100% interest in the Freegold Mountain located in the Yukon, Canada. The company was formerly known as Northern Freegold Resources Ltd.

Recommended Story: What does an outperform rating mean?

Receive News & Ratings for Triumph Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Triumph Gold and related companies with's FREE daily email newsletter.