Teranga Gold Corporation (TGZ:CA) Rises 7.9% for October 02

Teranga Gold Corporation (TGZ:CA) Rises 7.9% for October 02

October 02 was a positive day for Teranga Gold Corporation (TGZ:CA) as its stock finished the day having gained 7.9% to hit a price of $3.96 a share. The company reached a market cap of 426.04 million and has 107.59 million shares outstanding. Teranga Gold Corporation is a component of the the S&P/TSX SmallCap Index.

223,306 shares changed hands over the course of the day as compared to an average volume of 201,528 over the last 30 days for Teranga Gold Corporation.

Teranga Gold Corp is a Canadian-based gold mining company. Its principal activities include production and sale of gold and silver, exploration and mine development. It owns and operates the Sabodala Gold mine.. The company makes its home in Toronto, ON, and is currently under the leadership of CEO Richard Young.

Teranga Gold Corporation has hit a high of $5.63 and reached a low of $2.36 over its last year of trading. The stock’s 50-day SMA is now $3.96 and 200-day SMA is $4.19. As for its price valuations, the P/E ratio is at 9.5 and P/B is now 0.56.

error: Content is protected !!