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

Triumph Gold Corp. (CVE:TIGGet Free Report)’s stock price traded up 35.3% during mid-day trading on Friday . The stock traded as high as C$0.23 and last traded at C$0.23. 178,150 shares changed 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 Trading Up 35.3 %

The business has a 50-day moving average of C$0.19 and a 200-day moving average of C$0.19. The company has a quick ratio of 0.01, a current ratio of 0.15 and a debt-to-equity ratio of 56.37. 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.

Triumph Gold Company Profile

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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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