Triumph Gold (CVE:TIG) Reaches New 52-Week High – Here’s Why

Triumph Gold Corp. (CVE:TIG)’s share price reached a new 52-week high on Friday . The stock traded as high as C$0.87 and last traded at C$0.84, with a volume of 208933 shares. The stock had previously closed at C$0.77.

Triumph Gold Price Performance

The company’s 50 day simple moving average is C$0.66 and its 200 day simple moving average is C$0.44. The stock has a market cap of C$42.77 million, a P/E ratio of -13.50 and a beta of 0.93.

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. and changed its name to Triumph Gold Corp. in January 2017. Triumph Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.