Triumph Gold (CVE:TIG) Trading 11.1% Higher – Here’s What Happened

Triumph Gold Corp. (CVE:TIGGet Free Report) shares rose 11.1% during mid-day trading on Thursday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 15,500 shares changed hands during trading, a decline of 34% from the average daily volume of 23,573 shares. The stock had previously closed at C$0.18.

Triumph Gold Stock Performance

The stock has a 50 day moving average of C$0.18 and a 200 day moving average of C$0.20. The company has a market capitalization of C$9.19 million, a price-to-earnings ratio of -7.17 and a beta of 1.64. The company has a quick ratio of 0.01, a current ratio of 0.15 and a debt-to-equity ratio of 56.37.

About Triumph Gold

(Get Free Report)

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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