Triumph Gold Corp. (CVE:TIG – Get Free Report)’s share price rose 35.3% during mid-day trading on Friday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 178,150 shares traded hands 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’s 50-day moving average is C$0.19 and its 200-day moving average is C$0.19. The company has a debt-to-equity ratio of 56.37, a quick ratio of 0.01 and a current ratio of 0.15. The firm has a market cap of C$9.83 million, a price-to-earnings ratio of -7.67 and a beta of 1.64.
About Triumph Gold
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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