Triumph Gold (CVE:TIG) Trading Up 35.3% – Should You Buy?

Triumph Gold Corp. (CVE:TIGGet Free Report) shares were up 35.3% on Friday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 178,150 shares traded hands during 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 Stock Performance

The company has a market capitalization of C$9.83 million, a P/E ratio of -7.67 and a beta of 1.64. 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 business’s fifty day simple moving average is C$0.19 and its 200-day simple moving average is C$0.19.

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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