Tanzanian Gold Corporation (NYSE American:TRX) traded at a new 52-week low today of $0.46. So far today approximately 475,000 shares have been exchanged, as compared to an average 30-day volume of 1.1 million shares.
Over the past year, Tanzanian Gold Corporation has traded in a range of $0.46 to $1.91 and is now at $0.47.
There is potential upside of 5.5% for shares of Tanzanian Gold Corporation based on a current price of $0.47 and an average consensus analyst price target of $0.50.
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.
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