Triumph Gold (CVE:TIG) Trading Up 17.7% – What’s Next?
by Michael Walen · The Markets DailyTriumph Gold Corp. (CVE:TIG – Get Free Report) shares were up 17.7% on Tuesday . The company traded as high as C$0.48 and last traded at C$0.47. Approximately 345,747 shares changed hands during mid-day trading, an increase of 169% from the average daily volume of 128,317 shares. The stock had previously closed at C$0.40.
Triumph Gold Stock Performance
The firm’s fifty day moving average is C$0.34 and its 200-day moving average is C$0.30. The company has a market capitalization of C$30.63 million, a P/E ratio of -9.67 and a beta of 2.52.
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.
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