Triumph Gold (CVE:TIG) Trading 24.3% Higher – Still a Buy?

Triumph Gold Corp. (CVE:TIGGet Free Report) rose 24.3% during mid-day trading on Wednesday . The company traded as high as C$0.25 and last traded at C$0.23. Approximately 307,380 shares were traded during mid-day trading, an increase of 661% from the average daily volume of 40,403 shares. The stock had previously closed at C$0.19.

Triumph Gold Stock Performance

The company has a market capitalization of C$9.83 million, a P/E ratio of -14.05 and a beta of 1.64. The business’s fifty day simple moving average is C$0.23 and its 200-day simple moving average is C$0.20.

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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