Triumph Gold (CVE:TIG) Shares Up 35.3% – Here’s Why

Shares of Triumph Gold Corp. (CVE:TIGGet Free Report) shot up 35.3% during trading on Saturday . The company traded as high as C$0.23 and last traded at C$0.23. 178,150 shares traded hands during trading, an increase of 599% from the average session volume of 25,471 shares. The stock had previously closed at C$0.17.

Triumph Gold Stock Performance

The stock has a market cap of C$9.83 million, a price-to-earnings ratio of -7.67 and a beta of 1.64. The company’s fifty day simple moving average is C$0.19 and its two-hundred day simple moving average is C$0.19. The company has a debt-to-equity ratio of 56.37, a current ratio of 0.15 and a quick ratio of 0.01.

Triumph Gold Company Profile

(Get Free Report)

Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for gold, silver, copper, and molybdenum deposits. Its flagship project is the Freegold Mountain project located in Yukon, Canada. The company was formerly known as Northern Freegold Resources Ltd.

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