TriStar Gold (CVE:TSG) Stock Price Up 27.8% – Here’s What Happened

TriStar Gold, Inc. (CVE:TSG) shares traded up 27.8% on Friday . The company traded as high as C$0.12 and last traded at C$0.12. 371,150 shares changed hands during mid-day trading, an increase of 476% from the average session volume of 64,434 shares. The stock had previously closed at C$0.09.

TriStar Gold Price Performance

The firm’s 50 day simple moving average is C$0.11 and its 200-day simple moving average is C$0.16. The company has a market cap of C$32.19 million, a price-to-earnings ratio of -5.75 and a beta of 0.98.

TriStar Gold Company Profile

TriStar Gold, Inc engages in the acquisition, exploration, and development of precious metal prospects in the Americas. Its flagship property is its 100% owned the Castelo de Sonhos gold project that covers an area of approximately 17,177 hectares located in Pará State, Brazil. The company was incorporated in 2010 and is headquartered in Scottsdale, Arizona.