Triumph Gold (CVE:TIG) Stock Price Down 5.4%

Triumph Gold Corp (CVE:TIG)’s stock price was down 5.4% during mid-day trading on Monday . The company traded as low as C$0.44 and last traded at C$0.44, approximately 51,200 shares changed hands during trading. An increase of 23% from the average daily volume of 41,656 shares. The stock had previously closed at C$0.46.

The firm has a market capitalization of $40.67 million and a PE ratio of -3.85. The company has a quick ratio of 0.39, a current ratio of 1.47 and a debt-to-equity ratio of 1.97. The firm’s fifty day simple moving average is C$0.40.

About Triumph Gold (CVE:TIG)

Triumph Gold Corp., a junior natural resource company, engages in the acquisition, exploration, and development of mineral properties. The company explores for gold, silver, copper, molybdenum, and tungsten deposits. It owns a 100% interest in the Freegold Mountain located in the Yukon, Canada. The company was formerly known as Northern Freegold Resources Ltd.

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