Troilus Gold (TSE:TLG) Stock Price Down 9.5% – Should You Sell?

Troilus Gold Corp. (TSE:TLG – Get Free Report)’s share price fell 9.5% during trading on Friday. The stock traded as low as C$1.40 and last traded at C$1.43. Approximately 2,093,101 shares were traded during mid-day trading, an increase of 7% from the average daily volume of 1,955,190 shares. The stock had previously closed at C$1.58.

Troilus Gold Stock Down 9.5%

The company has a market capitalization of C$822.13 million, a price-to-earnings ratio of -8.94 and a beta of 2.78. The stock has a 50 day moving average of C$1.97 and a 200 day moving average of C$1.85.

Troilus Gold (TSE:TLG – Get Free Report) last issued its quarterly earnings results on Tuesday, October 27th. The company reported C$0.05 earnings per share for the quarter.

Troilus Gold Company Profile

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Troilus Mining Corp. is a Canadian development-stage mining company focused on the systematic advancement of the former gold and copper Troilus Mine towards production. Troilus is located in the tier-one mining jurisdiction of Quebec, Canada, where it holds a large land position of 435 km² in the Frôtet-Evans Greenstone Belt. A Feasibility Study completed in May 2024 supports a large-scale 22-year, 50ktpd open-pit mining operation, positioning it as a cornerstone project in North America.

Further Reading

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