Troilus Gold (CVE:TLG) Trading 18.6% Higher – Should You Buy?

Troilus Gold Corp. (CVE:TLG)’s stock price was up 18.6% during mid-day trading on Thursday . The company traded as high as C$0.83 and last traded at C$0.83. Approximately 852 shares traded 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 Up 18.6 %

The company has a current ratio of 7.43, a quick ratio of 7.28 and a debt-to-equity ratio of 2.23. The business has a 50 day moving average of C$0.83 and a 200-day moving average of C$0.83. The stock has a market cap of C$40.45 million and a PE ratio of -0.91.

About Troilus Gold

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.