Trifecta Gold (CVE:TG) Sets New 12-Month Low – Time to Sell?

Trifecta Gold Ltd. (CVE:TGGet Free Report) shares reached a new 52-week low during mid-day trading on Friday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 2500 shares trading hands. The stock had previously closed at C$0.08.

Trifecta Gold Trading Down 12.5 %

The firm has a market cap of C$2.11 million, a P/E ratio of -4.00 and a beta of 1.50. The company’s 50 day simple moving average is C$0.10 and its 200-day simple moving average is C$0.13.

Insider Activity at Trifecta Gold

In other news, Director Richard Micheal Drechsler acquired 260,229 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The shares were purchased at an average cost of C$0.10 per share, for a total transaction of C$26,022.90. 4.63% of the stock is owned by company insiders.

About Trifecta Gold

(Get Free Report)

Trifecta Gold Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold and silver deposits. Trifecta Gold Ltd. was incorporated in 2016 and is headquartered in Vancouver, Canada.

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