Tanzanian Royalty Exploration Corp (NYSE:TRX) (NYSEMKT:TRX) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 3,778,690 shares, an increase of 1.4% from the July 14th total of 3,726,014 shares. Currently, 3.3% of the shares of the company are sold short. Based on an average daily trading volume, of 287,709 shares, the short-interest ratio is presently 13.1 days.

Tanzanian Royalty Exploration Corp (TRX) traded down 2.547% during midday trading on Wednesday, hitting $0.375. The stock had a trading volume of 200,816 shares. The stock’s 50 day moving average price is $0.45 and its 200-day moving average price is $0.48. Tanzanian Royalty Exploration Corp has a 52 week low of $0.38 and a 52 week high of $1.25. The company’s market cap is $44.83 million.

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Tanzanian Royalty Exploration Corp Company Profile

Tanzanian Royalty Exploration Corporation is an exploration-stage company and its mining properties are located outside the United States. The Company is a mineral resource company, which engages in the acquisition of interests in and the exploration of natural resource properties in the future and the possible development of those properties.

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