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

Triumph Gold Corp. (CVE:TIGGet 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 has a market capitalization of C$9.83 million, a price-to-earnings ratio of -7.67 and a beta of 1.64. The stock has a fifty day moving average price of C$0.19 and a two-hundred day moving average price 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.

Triumph Gold Company Profile

(Get Free Report)

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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