Shares of Triumph Gold Corp. (CVE:TIG – Get Free Report) shot up 35.3% during trading on Saturday . The stock traded as high as C$0.23 and last traded at C$0.23. 178,150 shares were traded during trading, an increase of 599% from the average session volume of 25,471 shares. The stock had previously closed at C$0.17.
Triumph Gold Stock Performance
The stock has a 50 day moving average price of C$0.19 and a two-hundred day moving average price of C$0.19. The company has a market capitalization of C$9.83 million, a price-to-earnings ratio of -7.67 and a beta of 1.64. The company has a debt-to-equity ratio of 56.37, a current ratio of 0.15 and a quick ratio of 0.01.
About Triumph Gold
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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