Triumph Gold Corp. (CVE:TIG – Get Free Report)’s stock price shot up 25% during trading on Wednesday . The company traded as high as C$0.23 and last traded at C$0.23. 80,789 shares changed hands during trading, an increase of 236% from the average session volume of 24,010 shares. The stock had previously closed at C$0.18.
Triumph Gold Price Performance
The company has a debt-to-equity ratio of 56.37, a current ratio of 0.15 and a quick ratio of 0.01. The firm has a market capitalization of C$9.62 million, a price-to-earnings ratio of -7.50 and a beta of 1.64. The stock 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
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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