Troilus Gold (CVE:TLG) Trading 18.6% Higher

Troilus Gold Corp. (CVE:TLG) was up 18.6% during trading on Wednesday . The stock traded as high as C$0.83 and last traded at C$0.83. Approximately 852 shares changed hands during trading, a decline of 96% from the average daily volume of 23,745 shares. The stock had previously closed at C$0.70.

Analyst Upgrades and Downgrades

Separately, Cormark lifted their price target on Troilus Gold from C$1.60 to C$2.25 in a research report on Wednesday, May 15th.

Troilus Gold Stock Performance

The firm has a market cap of C$40.45 million and a PE ratio of -0.91. The firm has a 50-day moving average price of C$0.83 and a two-hundred day moving average price of C$0.83. The company has a quick ratio of 7.28, a current ratio of 7.43 and a debt-to-equity ratio of 2.23.

About Troilus Gold

Troilus Gold Corp., a development-stage mineral exploration company, explores for and develops mineral properties in Canada. The company primarily explores for gold and copper deposits. It owns 100% interest in the Troilus project covering an area of 4,718.6 ha located to the northwest of the Val-d'Or district in Quebec.