Triumph Gold (CVE:TIG) Shares Up 24.3% – Time to Buy?

Triumph Gold Corp. (CVE:TIGGet Free Report) shot up 24.3% on Wednesday . The company traded as high as C$0.25 and last traded at C$0.23. 307,380 shares traded hands during mid-day trading, an increase of 661% from the average session volume of 40,403 shares. The stock had previously closed at C$0.19.

Triumph Gold Trading Up 24.3 %

The firm has a 50-day simple moving average of C$0.23 and a two-hundred day simple moving average of C$0.20. The company has a market capitalization of C$9.83 million, a price-to-earnings ratio of -14.05 and a beta of 1.64.

About Triumph Gold

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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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