Triumph Gold (CVE:TIG) Shares Up 25.3% – Here’s Why

by · The Markets Daily

Triumph Gold Corp. (CVE:TIG – Get Free Report)’s share price was up 25.3% during mid-day trading on Tuesday . The stock traded as high as C$0.50 and last traded at C$0.50. Approximately 579,084 shares changed hands during trading, an increase of 347% from the average daily volume of 129,435 shares. The stock had previously closed at C$0.40.

Triumph Gold Price Performance

The business’s 50 day simple moving average is C$0.34 and its 200 day simple moving average is C$0.30. 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.

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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