Triumph Gold (CVE:TIG) Trading Down 3.3% – Here’s What Happened

Shares of Triumph Gold Corp. (CVE:TIG) were down 3.3% on Monday . The company traded as low as C$0.57 and last traded at C$0.58. Approximately 121,620 shares were traded during trading, a decline of 31% from the average daily volume of 176,847 shares. The stock had previously closed at C$0.60.

Triumph Gold Price Performance

The business has a 50-day moving average of C$0.68 and a two-hundred day moving average of C$0.52. The company has a market cap of C$29.57 million, a P/E ratio of -9.33 and a beta of 1.64.

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