Triumph Gold (CVE:TIG) Trading 13.7% Higher – Here’s Why

Triumph Gold Corp. (CVE:TIGGet Free Report)’s stock price rose 13.7% during trading on Thursday . The stock traded as high as C$0.59 and last traded at C$0.58. Approximately 102,229 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 130,007 shares. The stock had previously closed at C$0.51.

Triumph Gold Stock Up 9.8%

The company’s fifty day simple moving average is C$0.34 and its two-hundred day simple moving average is C$0.30. The company has a market capitalization of C$29.57 million, a price-to-earnings ratio of -9.33 and a beta of 2.52.

About Triumph Gold

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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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