Triumph Gold (CVE:TIG) Trading Up 11.1% – Should You Buy?

Triumph Gold Corp. (CVE:TIGGet Free Report) rose 11.1% on Thursday . The stock traded as high as C$0.20 and last traded at C$0.20. Approximately 15,500 shares were traded during trading, a decline of 34% from the average daily volume of 23,573 shares. The stock had previously closed at C$0.18.

Triumph Gold Price Performance

The business has a 50-day moving average of C$0.18 and a two-hundred day moving average of C$0.20. The company has a current ratio of 0.15, a quick ratio of 0.01 and a debt-to-equity ratio of 56.37. The firm has a market cap of C$9.19 million, a P/E ratio of -7.17 and a beta of 1.64.

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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