Triumph Gold (CVE:TIG) Stock Jumps 9% – Still a Buy?

Triumph Gold Corp. (CVE:TIG – Get Free Report)’s stock price shot up 9% during mid-day trading on Wednesday. The company traded as high as C$0.85 and last traded at C$0.85. Approximately 103,127 shares were traded during trading, a decline of 32% from the average session volume of 151,108 shares. The stock had previously closed at C$0.78.

Triumph Gold Stock Performance

The business has a 50-day simple moving average of C$0.73 and a 200 day simple moving average of C$0.64. The firm has a market cap of C$63.10 million, a P/E ratio of -17.40 and a beta of 1.67.

About Triumph Gold

(Get Free Report)

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. and changed its name to Triumph Gold Corp. in January 2017. Triumph Gold Corp. was incorporated in 2006 and is headquartered in Vancouver, Canada.

Further Reading

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