Tanzanian Gold Corporation: The Losing Streak Continues (TRX)

July 7, 2021 11:13:26

Tanzanian Gold Corporation (NYSE American:TRX) traded today at a new 52-week low of $0.49. This new low was reached on below average trading volume as 585,000 shares traded hands, while the average 30-day volume is approximately 1.1 million shares.

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.

In the past 52 weeks, Tanzanian Gold Corporation share prices are bracketed by a current low of $0.49 and a high of $1.91 and is now at $0.50.

Tanzanian Gold Corporation (NYSE American:TRX) defies analysts with a current price ($0.50) 0.2% above its average consensus price target of $0.50.

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