Teranga Gold (TSE:TGZ) Stock Price Down 0.2% – Here’s What Happened

Teranga Gold Co. (TSE:TGZGet Free Report)’s stock price fell 0.2% during mid-day trading on Monday . The stock traded as low as C$12.08 and last traded at C$12.33. 960,887 shares changed hands during mid-day trading, an increase of 57% from the average session volume of 613,685 shares. The stock had previously closed at C$12.36.

Teranga Gold Stock Performance

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

About Teranga Gold

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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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