Tanzanian Royalty Exploration Corp (TRX) Sees Large Growth in Short Interest
Tanzanian Royalty Exploration Corp (NYSEAMERICAN:TRX) (NYSEMKT:TRX) saw a large increase in short interest in September. As of September 14th, there was short interest totalling 3,785,166 shares, an increase of 0.3% from the August 31st total of 3,774,702 shares. Based on an average daily trading volume, of 143,249 shares, the short-interest ratio is currently 26.4 days.
NYSEAMERICAN:TRX opened at $0.35 on Thursday. Tanzanian Royalty Exploration has a 12 month low of $0.24 and a 12 month high of $0.68.
Tanzanian Royalty Exploration (NYSEAMERICAN:TRX) (NYSEMKT:TRX) last posted its quarterly earnings data on Thursday, July 12th. The basic materials company reported ($0.01) EPS for the quarter.
Tanzanian Royalty Exploration Corporation engages in the exploration and development of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interest in the Buckreef project located in the Geita District of the Geita Region south of Lake Victoria; the Itetemia gold deposit located in the Mwanza; and the Kigosi project located within the Kigosi Game Reserve controlled area in northwestern Tanzania.
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