Tanzanian Royalty Exploration Corp (NYSEAMERICAN:TRX) (NYSEMKT:TRX) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,786,040 shares, an increase of 0.6% from the October 15th total of 3,764,260 shares. Based on an average daily trading volume, of 157,754 shares, the short-interest ratio is currently 24.0 days.
Shares of TRX opened at $0.39 on Friday. Tanzanian Royalty Exploration has a 52 week low of $0.24 and a 52 week high of $0.68.
About Tanzanian Royalty Exploration
Tanzanian Royalty Exploration 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 the Geita District of the Geita Region south of Lake Victoria; the Itetemia gold deposit located in the Mwanza; and the Kigosi project located within the Kigosi Game Reserve controlled area in northwestern Tanzania.
Further Reading: Retained Earnings
Receive News & Ratings for Tanzanian Royalty Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tanzanian Royalty Exploration and related companies with MarketBeat.com's FREE daily email newsletter.