Triumph Gold (CVE:TIG) Trading 17.7% Higher – Should You Buy?

Triumph Gold Corp. (CVE:TIG – Get Free Report)’s stock price shot up 17.7% on Tuesday . The company traded as high as C$0.48 and last traded at C$0.47. 313,247 shares were traded during mid-day trading, an increase of 145% from the average session volume of 128,110 shares. The stock had previously closed at C$0.40.

Triumph Gold Trading Up 16.5%

The company has a market cap of C$24.29 million, a price-to-earnings ratio of -7.67 and a beta of 2.52. The firm’s fifty day moving average price is C$0.33 and its 200-day moving average price is C$0.30.

About Triumph Gold

(Get Free Report)

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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