Shares of Triumph Gold Corp. (CVE:TIG – Get Free Report) shot up 4.1% on Thursday. The stock traded as high as C$0.80 and last traded at C$0.77. Approximately 301,388 shares were traded during trading, an increase of 103% from the average daily volume of 148,146 shares. The stock had previously closed at C$0.74.
Triumph Gold Stock Performance
The firm has a market cap of C$55.85 million, a price-to-earnings ratio of -15.40 and a beta of 1.67. The business’s 50 day moving average price is C$0.71 and its 200 day moving average price is C$0.61.
Triumph Gold Company Profile
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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