Triumph Gold (CVE:TIG) Trading Down 4.8%

Triumph Gold Corp (CVE:TIG) shares dropped 4.8% on Wednesday . The stock traded as low as C$0.30 and last traded at C$0.30, approximately 153,200 shares were traded during trading. An increase of 86% from the average daily volume of 82,557 shares. The stock had previously closed at C$0.32.

The firm has a market cap of $32.46 million and a PE ratio of -4.77. The company has a debt-to-equity ratio of 0.79, a quick ratio of 6.44 and a current ratio of 8.27. The company’s 50-day simple moving average is C$0.33 and its two-hundred day simple moving average is C$0.40.

About Triumph Gold (CVE:TIG)

Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties. The company explores for gold, silver, copper, molybdenum, and tungsten deposits. It owns a 100% interest in the Freegold Mountain located in the Yukon, Canada. The company was formerly known as Northern Freegold Resources Ltd.

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