Triumph Gold (CVE:TIG) Stock Price Up 25.3% – Time to Buy?

by · The Cerbat Gem

Triumph Gold Corp. (CVE:TIGGet Free Report)’s share price shot up 25.3% during 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 mid-day 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 Price Performance

The company has a market capitalization of C$30.63 million, a price-to-earnings ratio of -9.67 and a beta of 2.52. The firm has a 50-day moving average price of C$0.34 and a two-hundred day moving average price of C$0.30.

About Triumph Gold

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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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