Triumph Gold Corp (CVE:TIG) shares fell 3.4% during trading on Thursday . The stock traded as low as C$0.42 and last traded at C$0.42, 11,500 shares traded hands during trading. A decline of 82% from the average session volume of 65,111 shares. The stock had previously closed at C$0.44.
The firm has a market capitalization of $47.17 million and a price-to-earnings ratio of -5.12. The company has a debt-to-equity ratio of 1.03, a current ratio of 3.71 and a quick ratio of 3.38. The firm’s 50-day simple moving average is C$0.48 and its 200 day simple moving average is C$0.42.
In other Triumph Gold news, insider Palisade Global Investments Ltd. sold 1,033,000 shares of the business’s stock in a transaction that occurred on Friday, July 19th. The shares were sold at an average price of C$0.48, for a total transaction of C$495,840.00. Following the completion of the transaction, the insider now directly owns 13,559,833 shares in the company, valued at C$6,508,719.84.
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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