Triumph Gold (CVE:TIG) Stock Price Up 35.3% – Should You Buy?

Triumph Gold Corp. (CVE:TIG) was up 35.3% on Saturday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 178,150 shares were traded during 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 Up 35.3 %

The company has a fifty day simple moving average of C$0.19 and a 200-day simple moving average of C$0.19. The company has a quick ratio of 0.01, a current ratio of 0.15 and a debt-to-equity ratio of 56.37. The firm has a market cap 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.