Troilus Gold (CVE:TLG) Shares Up 18.6% – Still a Buy?

Troilus Gold Corp. (CVE:TLGGet Free Report)’s share price shot up 18.6% during mid-day trading on Thursday . The stock traded as high as C$0.83 and last traded at C$0.83. 852 shares were traded during trading, a decline of 96% from the average session volume of 23,745 shares. The stock had previously closed at C$0.70.

Troilus Gold Trading Up 18.6 %

The business’s 50 day simple moving average is C$0.83 and its 200 day simple moving average is C$0.83. The company has a debt-to-equity ratio of 2.23, a current ratio of 7.43 and a quick ratio of 7.28. The company has a market capitalization of C$40.45 million and a price-to-earnings ratio of -0.91.

Troilus Gold Company Profile

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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.

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