Teranga Gold (OTCMKTS:TGCDF) Trading Up 0.5% – Time to Buy?

Teranga Gold Co. (OTCMKTS:TGCDFGet Free Report)’s share price shot up 0.5% on Tuesday . The company traded as high as $9.90 and last traded at $9.7496. 17,000 shares were traded during trading, a decline of 26% from the average session volume of 22,890 shares. The stock had previously closed at $9.70.

Teranga Gold Price Performance

The business’s 50 day moving average is $9.75 and its 200-day moving average is $9.75.

About Teranga Gold

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Teranga Gold Corporation, trading on the OTC Markets under the symbol TGCDF, is a Canadian-based gold producer headquartered in Vancouver, British Columbia. The company’s flagship asset is the Sabodala gold mine in eastern Senegal, which commenced commercial production in 2009. Alongside Sabodala, Teranga holds the adjacent Massawa development project and a portfolio of exploration properties in West Africa, including targets in Côte d’Ivoire.

Teranga’s core activities span gold exploration, project development, mine operations and the production of gold doré bars.

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