Trifecta Gold shares jumped 25% on Friday on heavy trading volume, reaching C$0.45, with no official explanation.

Trifecta Gold (CVE:TG) shares rose 25% on Friday, reaching a high of C$0.45 and closing at C$0.43, up from C$0.34, on significantly increased trading volume of 385,914 shares—over double its average daily volume. The Vancouver-based company, incorporated in 2016, focuses on exploring gold and silver mineral properties in Canada. With a market cap of C$20.27 million, a negative P/E ratio of -21.25, and a beta of 1.45, the stock is more volatile than the market average. No specific reason for the surge was provided.