Shares of Triumph Gold Corp. (CVE:TIG – Get 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 Price Performance
The company has a market cap of C$9.83 million, a P/E ratio of -7.67 and a beta of 1.64. The firm’s 50-day moving average is C$0.19 and its two-hundred day moving average is C$0.19. The company has a debt-to-equity ratio of 56.37, a current ratio of 0.15 and a quick ratio of 0.01.
About Triumph Gold
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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