TRX - Tanzanian Gold Corporation Looks to Continue to Trade Below its Annual-Low Share Price Today
Shares of Tanzanian Gold Corporation (NYSE American:TRX) traded at a new 52-week low today of $0.42. Approximately 340,000 shares have changed hands today, as compared to an average 30-day volume of 944,000 shares.
Tanzanian Gold Corporation share prices have moved between a 52-week high of $1.91 and the current low of $0.42 and are currently at $0.42 per share.
Tanzanian Gold Corp is a mineral resource company. It is engaged in the acquisition of interests and the exploration of natural resource properties. Its mineral properties are located in the United Republic of Tanzania. The company's main area of interest has been in the exploration and development of gold properties. Its advanced stage projects include the Buckreef project, Kigosi project, and Itetemia Gold project whereas, its exploration stage project consists of the Lunguya project, and the Luhala project.
There is potential upside of 201.4% for shares of Tanzanian Gold Corporation based on a current price of $0.42 and an average consensus analyst price target of $1.27.
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