Troilus Gold (TSE:TLG) Stock Price Down 9.5% – Time to Sell?

Troilus Gold Corp. (TSE:TLG) dropped 9.5% during trading on Thursday . The company traded as low as C$1.22 and last traded at C$1.34. Approximately 6,056,169 shares changed hands during mid-day trading, an increase of 213% from the average daily volume of 1,935,743 shares. The stock had previously closed at C$1.48.

Troilus Gold Trading Down 9.5%

The stock has a market capitalization of C$732.57 million, a price-to-earnings ratio of -10.31 and a beta of 2.09. The company’s 50 day moving average is C$1.92 and its 200 day moving average is C$1.56.

Troilus Gold (TSE:TLG) last released its quarterly earnings data on Thursday, March 5th. The company reported C($0.03) earnings per share (EPS) for the quarter.

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.