Triumph Gold Corp. (CVE:TIG – Get Free Report) shares rose 24.3% during trading on Wednesday . The company traded as high as C$0.25 and last traded at C$0.23. Approximately 307,380 shares traded hands during mid-day trading, an increase of 661% from the average daily volume of 40,403 shares. The stock had previously closed at C$0.19.
Triumph Gold Trading Up 24.3 %
The firm’s 50 day moving average price is C$0.23 and its two-hundred day moving average price is C$0.20. The company has a market capitalization of C$9.83 million, a price-to-earnings ratio of -14.05 and a beta of 1.64.
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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