Troilus Gold (CVE:TLG) Trading 18.6% Higher

Troilus Gold Corp. (CVE:TLG) shares rose 18.6% on Wednesday . The stock traded as high as C$0.83 and last traded at C$0.83. Approximately 852 shares traded hands during mid-day trading, a decline of 96% from the average daily volume of 23,745 shares. The stock had previously closed at C$0.70.

Wall Street Analyst Weigh In

Separately, Cormark lifted 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 Stock Performance

The company has a debt-to-equity ratio of 2.23, a current ratio of 7.43 and a quick ratio of 7.28. The stock’s 50-day simple moving average is C$0.83 and its 200 day simple moving average is C$0.83. The stock has a market capitalization of C$40.45 million and a P/E ratio of -0.91.

Troilus Gold Company Profile

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.