Troilus Gold (CVE:TLG) Trading 18.6% Higher – Here’s Why

Shares of Troilus Gold Corp. (CVE:TLG) shot up 18.6% during trading on Tuesday . The stock traded as high as C$0.83 and last traded at C$0.83. 852 shares traded hands during mid-day trading, a decline of 96% from the average session volume of 23,745 shares. The stock had previously closed at C$0.70.

Troilus Gold Trading Up 18.6%

The stock has a market cap of C$40.45 million and a P/E ratio of -0.91. The company has a debt-to-equity ratio of 2.23, a quick ratio of 7.28 and a current ratio of 7.43. The firm’s fifty day simple moving average is C$0.83 and its 200-day simple moving average is C$0.83.

Troilus Gold Company Profile

Troilus Gold Corp., a development-stage mineral exploration company, explores for and develops mineral properties in Canada. The company primarily explores for gold and copper deposits. It owns 100% interest in the Troilus project covering an area of 4,718.6 ha located to the northwest of the Val-d'Or district in Quebec. Troilus Gold Corp. is headquartered in Toronto, Canada.