Teranga Gold (OTCMKTS:TGCDF) Shares Climb 0.5% – Should You Buy?

Teranga Gold Co. (OTCMKTS:TGCDF – Get Free Report) shares were up 0.5% during mid-day trading on Thursday. The company traded as high as $9.90 and last traded at $9.7496. Approximately 17,000 shares were traded during trading, a decline of 26% from the average daily volume of 22,890 shares. The stock had previously closed at $9.70.

Teranga Gold Trading Up 0.5%

The company has a fifty day moving average price of $9.75 and a 200 day moving average price of $9.75.

Teranga Gold Company Profile

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Teranga Gold Corporation was a Canadian gold-mining company focused on the acquisition, development and operation of gold assets in West Africa. Its principal business was the exploration, production and sale of gold, supported by mining, processing and related infrastructure activities.

The company’s flagship operation was the Sabodala gold mine in Senegal. Teranga later expanded its regional portfolio through the Wahgnion mine in Burkina Faso and development of the Massawa project in Senegal, which was integrated with Sabodala to form the Sabodala-Massawa complex.

Teranga Gold merged with Endeavour Mining Corporation in 2021, and its assets and operations became part of Endeavour’s West African portfolio.

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