Trifecta Gold (CVE:TG) Shares Up 8.3% – Here’s Why

by · The Markets Daily

Trifecta Gold Ltd. (CVE:TG – Get Free Report) shares shot up 8.3% during trading on Friday . The stock traded as high as C$0.13 and last traded at C$0.13. 103,750 shares traded hands during mid-day trading, an increase of 288% from the average session volume of 26,766 shares. The stock had previously closed at C$0.12.

Trifecta Gold Price Performance

The stock has a 50 day moving average of C$0.10 and a two-hundred day moving average of C$0.12. The stock has a market capitalization of C$3.92 million, a PE ratio of -6.50 and a beta of 1.50.

Insiders Place Their Bets

In related news, Director Richard Micheal Drechsler bought 260,229 shares of the company’s stock in a transaction on Wednesday, October 9th. The stock was bought at an average cost of C$0.10 per share, with a total value of C$26,022.90. Insiders own 4.63% of the company’s stock.

About Trifecta Gold

(Get Free Report)

Trifecta Gold Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold and silver deposits. Trifecta Gold Ltd. was incorporated in 2016 and is headquartered in Vancouver, Canada.

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