Troilus Gold (TSE:TLG) Shares Down 1.2% - Time to Sell?

Key Points

• Shares fell 1.2%, trading as low as C$1.58 and last at C$1.59, with intraday volume of ~649,338 shares—about a 63% decline from its average daily volume.
• Troilus Gold has a market capitalization of C$869.7M, a negative trailing P/E (C($0.03) EPS reported for the quarter) and a beta of 2.50, with the 50-day and 200-day moving averages at C$1.74 and C$1.66 respectively.
• The company is an advanced-stage exploration and early-development miner focused on expanding and potentially restarting the former Troilus gold-copper mine in Quebec’s Frotet-Evans Greenstone Belt.

Troilus Gold Corp. (TSE:TLG - Get Free Report) shares dropped 1.2% during mid-day trading on Monday . The company traded as low as C$1.58 and last traded at C$1.59. Approximately 649,338 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 1,736,796 shares. The stock had previously closed at C$1.61.

Troilus Gold Price Performance

The company has a market capitalization of C$869.70 million, a P/E ratio of -12.23 and a beta of 2.50. The business has a 50-day moving average of C$1.74 and a 200-day moving average of C$1.66.

Troilus Gold (TSE:TLG - Get Free Report) last issued its quarterly earnings results on Thursday, March 5th. The company reported C($0.03) earnings per share (EPS) for the quarter.

About Troilus Gold

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.

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