Teranga Gold (TSE:TGZ) Shares Up 4.5%
Teranga Gold Corp (TSE:TGZ)’s share price shot up 4.5% on Monday . The stock traded as high as C$3.48 and last traded at C$3.46. 88,795 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 149,807 shares. The stock had previously closed at C$3.31.
The firm has a 50 day moving average price of C$3.28. The company has a debt-to-equity ratio of 21.01, a current ratio of 1.01 and a quick ratio of 0.52. The firm has a market capitalization of $356.11 million and a PE ratio of 69.20.
Teranga Gold (TSE:TGZ) last posted its quarterly earnings results on Friday, May 3rd. The company reported C$0.03 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.07 by C($0.04). The firm had revenue of C$122.49 million for the quarter. On average, research analysts expect that Teranga Gold Corp will post 0.4 earnings per share for the current year.
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Teranga Gold Company Profile (TSE:TGZ)
Teranga Gold Corporation engages in the exploration, development, production, and sale of gold in West Africa. Its projects comprising Sabodala gold mine located in the Republic of Senegal and Wahgnion gold project located in Burkina Faso, as well as 100% owned Golden Hill project, which include 3 exploration permits covering an area of approximately 468 square kilometers located in southwestern Burkina Faso on the Houndé belt.
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