Triumph Gold (CVE:TIG) Reaches New 52-Week High – Should You Buy?

Shares of Triumph Gold Corp. (CVE:TIGGet Free Report) reached a new 52-week high on Friday . The company traded as high as C$0.77 and last traded at C$0.71, with a volume of 247528 shares trading hands. The stock had previously closed at C$0.68.

Triumph Gold Trading Up 4.4%

The company has a market cap of C$37.49 million, a P/E ratio of -11.83 and a beta of 2.52. The business’s 50 day simple moving average is C$0.43 and its 200 day simple moving average is C$0.34.

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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