Troilus Gold (TSE:TLG) Sets New 12-Month High – Here’s What Happened

Troilus Gold Corp. (TSE:TLG) reached a new 52-week high during trading on Wednesday . The company traded as high as C$1.86 and last traded at C$1.82, with a volume of 523254 shares traded. The stock had previously closed at C$1.78.

Analyst Upgrades and Downgrades

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

Troilus Gold Trading Up 4.2%

The business’s 50-day simple moving average is C$1.56 and its 200-day simple moving average is C$1.21. The company has a market cap of C$1.09 billion, a PE ratio of -15.38 and a beta of 2.60.

Troilus Gold (TSE:TLG) last posted its quarterly earnings results on Thursday, December 4th. The company reported C$0.04 earnings per share 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.