Triumph Gold (CVE:TIG) Trading Down 6.3% – Here’s What Happened

Triumph Gold Corp. (CVE:TIGGet Free Report) shares were down 6.3% during mid-day trading on Tuesday . The stock traded as low as C$0.59 and last traded at C$0.59. Approximately 100,868 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 197,188 shares. The stock had previously closed at C$0.63.

Triumph Gold Stock Performance

The company’s fifty day simple moving average is C$0.47 and its two-hundred day simple moving average is C$0.36. The company has a market capitalization of C$31.15 million, a price-to-earnings ratio of -9.83 and a beta of 2.10.

Triumph Gold Company Profile

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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. and changed its name to Triumph Gold Corp. in January 2017. Triumph Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

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