Triumph Gold (CVE:TIG) Trading Up 33.9% – Time to Buy?
by Tristan Rich · The Markets DailyTriumph Gold Corp. (CVE:TIG – Get Free Report) rose 33.9% during trading on Thursday . The stock traded as high as C$0.40 and last traded at C$0.40. Approximately 593,875 shares changed hands during trading, an increase of 377% from the average daily volume of 124,520 shares. The stock had previously closed at C$0.30.
Triumph Gold Stock Performance
The company’s 50-day moving average price is C$0.33 and its 200 day moving average price is C$0.30. The stock has a market cap of C$20.82 million, a PE ratio of -7.90 and a beta of 2.28.
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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