Troilus Gold (CVE:TLG) Shares Up 18.6% – What’s Next?

Shares of Troilus Gold Corp. (CVE:TLG) rose 18.6% during mid-day trading on Thursday . The stock traded as high as C$0.83 and last traded at C$0.83. Approximately 852 shares were traded during trading, a decline of 96% from the average daily volume of 23,745 shares. The stock had previously closed at C$0.70.

Troilus Gold Stock Performance

The company has a debt-to-equity ratio of 2.23, a quick ratio of 7.28 and a current ratio of 7.43. The stock has a market capitalization of C$40.45 million and a P/E ratio of -0.91. The business has a 50-day moving average price of C$0.83 and a 200 day moving average price of C$0.83.

Troilus Gold Company Profile

Troilus Gold Corp., a development-stage mineral exploration company, explores for and develops mineral properties in Canada. The company primarily explores for gold and copper deposits. It owns 100% interest in the Troilus project covering an area of 4,718.6 ha located to the northwest of the Val-d'Or district in Quebec.