Teranga Gold Corp (TSE:TGZ) insider David Jacques Mimran purchased 99,100 shares of Teranga Gold stock in a transaction that occurred on Monday, December 18th. The shares were purchased at an average cost of C$2.92 per share, with a total value of C$289,372.00.
Teranga Gold Corp (TSE TGZ) traded up C$0.25 on Friday, hitting C$3.43. 473,600 shares of the company were exchanged, compared to its average volume of 187,106. The stock has a market cap of $367.37, a PE ratio of 11.83 and a beta of -1.05. Teranga Gold Corp has a 52 week low of C$2.36 and a 52 week high of C$5.25.
TGZ has been the topic of several research reports. BMO Capital Markets upgraded shares of Teranga Gold from a “market perform” rating to an “outperform” rating and raised their target price for the stock from C$4.00 to C$4.50 in a report on Thursday. Scotiabank set a C$3.75 price target on shares of Teranga Gold and gave the stock a “sector perform” rating in a research note on Thursday.
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Teranga Gold Company Profile
Teranga Gold Corp is a Canada-based mining company. The Company is engaged in the production, sale and exploration of gold in Senegal, West Africa. The Company owns and operates a gold mine and mill, the Sabodala Gold mine, in Senegal, West Africa. The Company is focused on the exploration and development of Sabodala gold mine, which is located approximately 650 kilometers southeast of Dakar, the capital of Senegal.
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