Teranga Gold (TSE:TGZ) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Teranga Gold Co. (TSE:TGZGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$12.49. Teranga Gold shares last traded at C$12.33, with a volume of 960,887 shares traded.

Teranga Gold Stock Performance

The company has a current ratio of 0.91, a quick ratio of 0.37 and a debt-to-equity ratio of 37.77. The company has a market capitalization of C$2.07 billion and a price-to-earnings ratio of 122.08. The business’s 50 day moving average is C$12.33.

Teranga Gold Company Profile

(Get Free Report)

Teranga Gold Corporation engages in the exploration, development, production, and sale of gold in West Africa. The company's flagship project is the Sabodala gold mine covering an area of 291 square kilometers mine license and 629 square kilometers exploration land package located in the Republic of Senegal.

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