Teranga Gold (TSE:TGZ) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Teranga Gold Co. (TSE:TGZGet Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$12.49. Teranga Gold shares last traded at C$12.33, with a volume of 960,887 shares.

Teranga Gold Stock Performance

The company has a quick ratio of 0.37, a current ratio of 0.91 and a debt-to-equity ratio of 37.77. The stock has a market capitalization of C$2.07 billion and a P/E ratio of 122.08. The stock’s 50-day moving average price is C$12.33.

About Teranga Gold

(Get Free Report)

Teranga Gold Corporation engages in the exploration, development, production, and sale of gold in West Africa. The company's flagship project is the Sabodala gold mine covering an area of 291 square kilometers mine license and 629 square kilometers exploration land package located in the Republic of Senegal.

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