Troilus Gold (CVE:TLG) Shares Up 18.6%

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

Separately, Cormark raised shares of Troilus Gold from a “buy” rating to a “top pick” rating in a research report on Wednesday, May 19th.

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 business has a 50-day simple moving average of C$0.83. The stock has a market capitalization of C$40.45 million and a PE ratio of -0.91.

About Troilus Gold (CVE:TLG)

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.

Read More: Sell-Side Analysts

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