Triumph Gold (CVE:TIG) Stock Price Up 35.3% – Still a Buy?

Triumph Gold Corp. (CVE:TIG) shares traded up 35.3% on Saturday . The stock traded as high as C$0.23 and last traded at C$0.23. 178,150 shares changed hands during trading, an increase of 599% from the average session volume of 25,471 shares. The stock had previously closed at C$0.17.

Triumph Gold Stock Up 35.3 %

The stock’s fifty day moving average price is C$0.19 and its 200-day moving average price is C$0.19. The company has a quick ratio of 0.01, a current ratio of 0.15 and a debt-to-equity ratio of 56.37. The company has a market capitalization of C$9.83 million, a price-to-earnings ratio of -7.67 and a beta of 1.64.

Triumph Gold Company Profile

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.