Triumph Gold (CVE:TIG) Shares Down 6% – Should You Sell?
by Kim Johansen · The Markets DailyTriumph Gold Corp. (CVE:TIG – Get Free Report)’s share price fell 6% during mid-day trading on Wednesday . The company traded as low as C$0.63 and last traded at C$0.63. 24,912 shares were traded during trading, a decline of 83% from the average session volume of 144,587 shares. The stock had previously closed at C$0.67.
Triumph Gold Trading Down 13.4%
The firm’s 50-day simple moving average is C$0.45 and its 200 day simple moving average is C$0.35. The stock has a market cap of C$30.63 million, a P/E ratio of -9.67 and a beta of 2.10.
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.
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