Stock analysts at HC Wainwright began coverage on shares of Tanzanian Gold (NYSEAMERICAN:TRX – Get Rating) (NYSEMKT:TRX) in a research report issued on Tuesday, The Fly reports. The brokerage set a “buy” rating on the basic materials company’s stock.
Separately, Zacks Investment Research raised shares of Tanzanian Gold from a “hold” rating to a “buy” rating and set a $0.25 target price for the company in a research note on Thursday, April 21st.
TRX stock opened at $0.32 on Tuesday. The stock has a market cap of $86.69 million, a PE ratio of -15.80 and a beta of 0.83. Tanzanian Gold has a 52 week low of $0.26 and a 52 week high of $0.60.
Tanzanian Gold Company Profile (Get Rating)
Tanzanian Gold Corporation engages in the acquisition, financing, exploration and development of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interests in the Buckreef gold project located in north-central Tanzania. The company was formerly known as Tanzanian Royalty Exploration Corporation and changed its name to Tanzanian Gold Corporation in April 2019.
- Get a free copy of the StockNews.com research report on Tanzanian Gold (TRX)
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