Triumph Gold (CVE:TIG) Trading Up 25.3% – Time to Buy?
by Amy Steele · The Cerbat GemTriumph Gold Corp. (CVE:TIG – Get Free Report) shot up 25.3% during mid-day trading on Tuesday . The company traded as high as C$0.50 and last traded at C$0.50. 579,084 shares were traded during trading, an increase of 347% from the average session volume of 129,435 shares. The stock had previously closed at C$0.40.
Triumph Gold Stock Up 25.3%
The company has a market capitalization of C$26.14 million, a P/E ratio of -8.25 and a beta of 2.52. The firm’s 50-day moving average price is C$0.33 and its 200 day moving average price is C$0.30.
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.
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