Teranga Gold Corp (TGZ) Upgraded to Outperform at Royal Bank Of Canada

Teranga Gold Corp (TSE:TGZ) was upgraded by stock analysts at Royal Bank Of Canada from a “sector perform” rating to an “outperform” rating in a note issued to investors on Friday.

Teranga Gold Corp (TSE:TGZ) traded up 2.35% on Friday, reaching $3.05. The company’s stock had a trading volume of 196,851 shares. The stock has a market capitalization of $327.40 million and a P/E ratio of 11.96. The firm has a 50 day moving average price of $3.24 and a 200 day moving average price of $3.69. Teranga Gold Corp has a 52 week low of $0.65 and a 52 week high of $7.00.

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About Teranga Gold Corp

Teranga Gold Corp is a Canada-based mining company. The Company is engaged in the production, sale and exploration of gold in Senegal, West Africa. The Company owns and operates a gold mine and mill, the Sabodala Gold mine, in Senegal, West Africa. The Company is focused on the exploration and development of Sabodala gold mine, which is located approximately 650 kilometers southeast of Dakar, the capital of Senegal.

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