Tanzanian Gold Corp (TSE:TNX) Senior Officer Jeffrey Robert Duval Sells 10,000 Shares

Tanzanian Gold Corp (TSE:TNX) (NYSE:TRX) Senior Officer Jeffrey Robert Duval sold 10,000 shares of the business’s stock in a transaction dated Tuesday, October 8th. The shares were sold at an average price of C$1.04, for a total value of C$10,447.80. Following the transaction, the insider now owns 170,000 shares in the company, valued at approximately C$177,612.60.

Shares of TSE:TNX opened at C$1.03 on Wednesday. Tanzanian Gold Corp has a 1 year low of C$0.34 and a 1 year high of C$1.56. The company has a market cap of $157.91 million and a PE ratio of -20.20. The company has a debt-to-equity ratio of 19.49, a current ratio of 0.16 and a quick ratio of 0.12. The stock’s 50-day moving average is C$1.07 and its 200 day moving average is C$1.09.

Tanzanian Gold Company Profile

Tanzanian Gold Corporation engages in the exploration and development of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interest in the Buckreef project located in north-central Tanzania; the Kigosi project situated within the Kigosi-Miyabi and Ushirombo greenstone belts in northwestern Tanzania; and the Itetemia gold project located to southwest of Mwanza in Northern Tanzania.

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Insider Buying and Selling by Quarter for Tanzanian Gold (TSE:TNX)

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