Triumph Gold (CVE:TIG) Trading 35.3% Higher – Time to Buy?

Triumph Gold Corp. (CVE:TIG) was up 35.3% during mid-day trading on Saturday . The company traded as high as C$0.23 and last traded at C$0.23. Approximately 178,150 shares traded hands during mid-day trading, an increase of 599% from the average daily volume of 25,471 shares. The stock had previously closed at C$0.17.

Triumph Gold Stock Performance

The company has a debt-to-equity ratio of 56.37, a quick ratio of 0.01 and a current ratio of 0.15. The stock’s 50 day moving average price is C$0.19 and its 200 day moving average price is C$0.19. The company has a market capitalization of C$9.83 million, a P/E ratio of -7.67 and a beta of 1.64.

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.