Troilus Gold (CVE:TLG) Shares Up 18.6% – Here’s Why

Troilus Gold Corp. (CVE:TLGGet Free Report)’s share price rose 18.6% on Thursday . The company traded as high as C$0.83 and last traded at C$0.83. Approximately 852 shares changed hands during trading, a decline of 96% from the average daily volume of 23,745 shares. The stock had previously closed at C$0.70.

Troilus Gold Stock Performance

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 company has a market cap of C$40.45 million and a PE ratio of -0.91. The company’s 50 day moving average price is C$0.83 and its 200-day moving average price is C$0.83.

Troilus Gold Company Profile

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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.

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