Triumph Gold Corp. (CVE:TIG – Get Free Report) shot up 35.3% on Saturday . The company traded as high as C$0.23 and last traded at C$0.23. 178,150 shares were traded during mid-day 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 Stock Performance
The company’s 50-day moving average price is C$0.19 and its two-hundred day moving average price is C$0.19. The company has a market cap of C$9.83 million, a P/E ratio of -7.67 and a beta of 1.64. The company has a current ratio of 0.15, a quick ratio of 0.01 and a debt-to-equity ratio of 56.37.
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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