Troilus Gold (TSE:TLG) Shares Up 2% – What’s Next?

Troilus Gold Corp. (TSE:TLG)’s stock price was up 2% during mid-day trading on Friday . The company traded as high as C$1.56 and last traded at C$1.52. Approximately 1,624,409 shares changed hands during trading, an increase of 74% from the average daily volume of 934,375 shares. The stock had previously closed at C$1.49.

Wall Street Analysts Forecast Growth

Separately, Cormark upgraded Troilus Gold from a “moderate buy” rating to a “strong-buy” rating in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Strong Buy”.

Troilus Gold Trading Up 2.0%

The business’s fifty day simple moving average is C$1.39 and its 200-day simple moving average is C$0.98. The firm has a market cap of C$822.99 million, a P/E ratio of -13.82 and a beta of 2.58.

Troilus Gold Company Profile

Troilus Gold Corp is a Toronto-based, Quebec focused, advanced stage exploration and early-development company. It is focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The Troilus property [approximately 83,385-hectare] is located Northeast of the Val-d’Or district, within the Frotet-Evans Greenstone Belt in Quebec, Canada.