Shares of Teranga Gold Co. (OTCMKTS:TGCDF – Get Free Report) shot up 0.5% on Thursday . The stock traded as high as $9.90 and last traded at $9.7496. Approximately 17,000 shares changed hands during mid-day trading, a decline of 26% from the average daily volume of 22,890 shares. The stock had previously closed at $9.70.
Teranga Gold Stock Performance
The company’s 50 day simple moving average is $9.75 and its 200 day simple moving average is $9.75.
Teranga Gold Company Profile
Teranga Gold Corporation, trading on the OTC Markets under the symbol TGCDF, is a Canadian-based gold producer headquartered in Vancouver, British Columbia. The company’s flagship asset is the Sabodala gold mine in eastern Senegal, which commenced commercial production in 2009. Alongside Sabodala, Teranga holds the adjacent Massawa development project and a portfolio of exploration properties in West Africa, including targets in Côte d’Ivoire.
Teranga’s core activities span gold exploration, project development, mine operations and the production of gold doré bars.
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