Triumph Gold (CVE:TIG) Shares Up 35.3% – Still a Buy?

Triumph Gold Corp. (CVE:TIG)’s stock price shot up 35.3% during mid-day trading on Saturday . The company traded as high as C$0.23 and last traded at C$0.23. 178,150 shares changed hands during mid-day 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 Up 35.3 %

The business has a 50-day moving average price of C$0.19 and a 200 day moving average price of C$0.19. The company has a current ratio of 0.15, a quick ratio of 0.01 and a debt-to-equity ratio of 56.37. The stock has a market capitalization of C$9.83 million, a P/E ratio of -7.67 and a beta of 1.64.

Triumph Gold Company Profile

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.