Triumph Gold (CVE:TIG) Stock Price Up 11.1% – Here’s Why
by Amy Steele · The Cerbat GemTriumph Gold Corp. (CVE:TIG – Get Free Report) rose 11.1% on Monday . The stock traded as high as C$0.73 and last traded at C$0.70. Approximately 272,360 shares traded hands during trading, an increase of 64% from the average daily volume of 166,500 shares. The stock had previously closed at C$0.63.
Triumph Gold Price Performance
The company has a 50-day moving average of C$0.51 and a two-hundred day moving average of C$0.59. The stock has a market capitalization of C$42.67 million, a PE ratio of -11.67 and a beta of 0.98.
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. and changed its name to Triumph Gold Corp. in January 2017. Triumph Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.