TERANGA GOLD CORP CDA COMMON SHARES (OTCMKTS:TGCDF) Stock Is Shorted Less

July 14, 2018 - By Elena Maslow

Teranga Gold Corporation (OTCMKTS:TGCDF) Logo

The stock of TERANGA GOLD CORP CDA COMMON SHARES (OTCMKTS:TGCDF) registered a decrease of 60.59% in short interest. TGCDF’s total short interest was 91,700 shares in July as published by FINRA. Its down 60.59% from 232,700 shares, reported previously. With 19,300 shares average volume, it will take short sellers 5 days to cover their TGCDF’s short positions. The short interest to TERANGA GOLD CORP CDA COMMON SHARES’s float is 0.12%.

The stock decreased 3.64% or $0.13 during the last trading session, reaching $3.39. About 63,396 shares traded or 267.02% up from the average. Teranga Gold Corporation (OTCMKTS:TGCDF) has 0.00% since July 14, 2017 and is . It has underperformed by 12.57% the S&P500.

Teranga Gold Corporation engages in the exploration, development, production, and sale of gold in West Africa. The company has market cap of $367.21 million. The Company’s flagship project includes Sabodala gold mine located in the Republic of Senegal. It has a 12.42 P/E ratio. The firm also develops and explores various projects comprising Banfora gold project in Burkina Faso, as well as five exploration properties covering an area of 1,838 square kilometers located in C??te d'Ivoire.

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