Troilus Gold (CVE:TLG) Trading 18.6% Higher – Here’s What Happened

Troilus Gold Corp. (CVE:TLG) was up 18.6% on Thursday . The stock traded as high as C$0.83 and last traded at C$0.83. Approximately 852 shares traded hands during trading, a decline of 96% from the average daily volume of 23,745 shares. The stock had previously closed at C$0.70.

Troilus Gold Stock Up 18.6 %

The business has a 50-day simple moving average of C$0.83 and a 200-day simple moving average of C$0.83. The company has a debt-to-equity ratio of 2.23, a quick ratio of 7.28 and a current ratio of 7.43. The company has a market cap of C$40.45 million and a price-to-earnings ratio of -0.91.

Troilus Gold Company Profile

Troilus Gold Corp., a development-stage mineral exploration company, explores for and develops mineral properties in Canada. The company primarily explores for gold and copper deposits. It owns 100% interest in the Troilus project covering an area of 4,718.6 ha located to the northwest of the Val-d'Or district in Quebec.