Triumph Gold (CVE:TIG) Trading 33.9% Higher – Time to Buy?

Triumph Gold Corp. (CVE:TIGGet Free Report) shares rose 33.9% during mid-day trading on Thursday . The company traded as high as C$0.40 and last traded at C$0.40. Approximately 593,875 shares were traded during mid-day trading, an increase of 377% from the average daily volume of 124,520 shares. The stock had previously closed at C$0.30.

Triumph Gold Price Performance

The company has a market capitalization of C$20.82 million, a P/E ratio of -7.90 and a beta of 2.28. The firm’s 50-day moving average is C$0.33 and its 200-day moving average is C$0.30.

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.

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