Teranga Gold Co. (OTCMKTS:TGCDF – Get Free Report) rose 0.5% during trading on Thursday. The stock traded as high as $9.90 and last traded at $9.7496. 17,000 shares traded hands during mid-day trading, a decline of 26% from the average daily volume of 22,890 shares. The stock had previously closed at $9.70.
Teranga Gold Price Performance
The business’s 50-day moving average price is $9.75 and its 200 day moving average price is $9.75.
Teranga Gold Company Profile
Teranga Gold Corporation was a Canadian gold-mining company focused on the acquisition, development and operation of gold assets in West Africa. Its principal business was the exploration, production and sale of gold, supported by mining, processing and related infrastructure activities.
The company’s flagship operation was the Sabodala gold mine in Senegal. Teranga later expanded its regional portfolio through the Wahgnion mine in Burkina Faso and development of the Massawa project in Senegal, which was integrated with Sabodala to form the Sabodala-Massawa complex.
Teranga Gold merged with Endeavour Mining Corporation in 2021, and its assets and operations became part of Endeavour’s West African portfolio.
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