Triumph Gold (CVE:TIG) Trading 25.3% Higher – Here’s Why

Shares of Triumph Gold Corp. (CVE:TIG) shot up 25.3% on Tuesday . The company traded as high as C$0.50 and last traded at C$0.50. 579,084 shares traded hands during trading, an increase of 347% from the average session volume of 129,435 shares. The stock had previously closed at C$0.40.

Triumph Gold Stock Up 25.3%

The company’s 50 day moving average price is C$0.33 and its two-hundred day moving average price is C$0.30. The firm has a market cap of C$26.14 million, a PE ratio of -8.25 and a beta of 2.52.

About Triumph Gold

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.