Triumph Gold (CVE:TIG) Shares Up 21.4% – Here’s Why

Triumph Gold Corp. (CVE:TIGGet Free Report) shot up 21.4% on Wednesday . The company traded as high as C$0.27 and last traded at C$0.26. 126,518 shares changed hands during mid-day trading, an increase of 171% from the average session volume of 46,685 shares. The stock had previously closed at C$0.21.

Triumph Gold Trading Up 21.4 %

The stock’s 50 day moving average is C$0.21 and its two-hundred day moving average is C$0.21. The stock has a market capitalization of C$10.90 million, a price-to-earnings ratio of -15.58 and a beta of 1.64.

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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