Troilus Gold (CVE:TLG) Trading 18.6% Higher

Troilus Gold Corp. (CVE:TLG)’s stock price traded up 18.6% 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.

Analyst Ratings Changes

Separately, Cormark raised their price target on shares of Troilus Gold from C$1.60 to C$2.25 in a research note on Wednesday, May 15th.

Troilus Gold Trading Up 18.6 %

The firm has a market capitalization of C$40.45 million and a price-to-earnings ratio of -0.91. The business’s 50-day simple moving average is C$0.83 and its two-hundred day simple moving average is C$0.83. The company has a quick ratio of 7.28, a current ratio of 7.43 and a debt-to-equity ratio of 2.23.

Insider Buying and Selling at Troilus Gold

In related news, Director Christopher Justin Reid purchased 92,000 shares of the company’s stock in a transaction on Thursday, May 16th. The stock was acquired at an average cost of C$0.42 per share, for a total transaction of C$38,640.00.

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.