Teranga Gold (OTCMKTS:TGCDF) Trading 0.5% Higher – Still a Buy?

Teranga Gold Co. (OTCMKTS:TGCDFGet Free Report)’s stock price shot up 0.5% during trading 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 session volume of 22,890 shares. The stock had previously closed at $9.70.

Teranga Gold Stock Up 0.5%

The company’s fifty day simple moving average is $9.75 and its two-hundred day simple moving average is $9.75.

Teranga Gold Company Profile

(Get Free Report)

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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