Teranga Gold (TSE:TGZ) Stock Passes Above 200-Day Moving Average – Should You Sell?

Teranga Gold Co. (TSE:TGZGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.00 and traded as high as C$12.49. Teranga Gold shares last traded at C$12.33, with a volume of 960,887 shares trading hands.

Teranga Gold Stock Performance

The firm has a market cap of C$2.07 billion and a P/E ratio of 122.08. The stock’s fifty day simple moving average is C$12.33. The company has a debt-to-equity ratio of 37.77, a current ratio of 0.91 and a quick ratio of 0.37.

About Teranga Gold

(Get Free Report)

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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