Trifecta Gold (CVE:TG) Reaches New 52-Week Low – Should You Sell?

Trifecta Gold Ltd. (CVE:TG)’s share price hit a new 52-week low on Friday . The company traded as low as C$0.07 and last traded at C$0.07, with a volume of 2500 shares traded. The stock had previously closed at C$0.08.

Trifecta Gold Stock Performance

The stock’s fifty day moving average price is C$0.10 and its two-hundred day moving average price is C$0.13. The company has a market cap of C$2.26 million, a P/E ratio of -3.75 and a beta of 1.50.

Insider Buying and Selling

In other Trifecta Gold news, Director Richard Micheal Drechsler purchased 260,229 shares of the firm’s stock in a transaction on Wednesday, October 9th. The stock was purchased at an average cost of C$0.10 per share, for a total transaction of C$26,022.90. 4.63% of the stock is owned by corporate insiders.

Trifecta Gold Company Profile

Trifecta Gold Ltd. engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold and silver deposits. Trifecta Gold Ltd. was incorporated in 2016 and is headquartered in Vancouver, Canada.