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

Triumph Gold Corp. (CVE:TIG)’s stock price rose 35.3% on Saturday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 178,150 shares were traded 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 Trading Up 35.3 %

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 company has a market capitalization of C$9.83 million, a price-to-earnings ratio of -7.67 and a beta of 1.64. The firm has a fifty day moving average price of C$0.19 and a 200-day moving average price of C$0.19.

Triumph Gold Company Profile

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.