Triumph Gold (CVE:TIG) Trading 35.3% Higher – Still a Buy?

Shares of Triumph Gold Corp. (CVE:TIGGet Free Report) rose 35.3% during trading on Saturday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 178,150 shares were traded during mid-day trading, an increase of 599% from the average daily volume of 25,471 shares. The stock had previously closed at C$0.17.

Triumph Gold Trading Up 35.3 %

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

About Triumph Gold

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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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