Triumph Gold (CVE:TIG) Trading Up 25% – Time to Buy?

by · The Markets Daily

Triumph Gold Corp. (CVE:TIG – Get Free Report)’s share price was up 25% during trading on Wednesday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 80,789 shares changed hands during mid-day trading, an increase of 236% from the average daily volume of 24,010 shares. The stock had previously closed at C$0.18.

Triumph Gold Stock Performance

The company has a quick ratio of 0.01, a current ratio of 0.15 and a debt-to-equity ratio of 56.37. The company has a market capitalization of C$8.55 million, a PE ratio of -6.67 and a beta of 1.64. The company has a 50-day moving average price of C$0.17 and a two-hundred day moving average price of C$0.21.

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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