Tanzanian Royalty Exploration Corp (TRX) Short Interest Update

Tanzanian Royalty Exploration Corp (NYSEAMERICAN:TRX) (NYSEMKT:TRX) was the recipient of a large increase in short interest during the month of March. As of March 15th, there was short interest totalling 4,142,574 shares, an increase of 2.1% from the February 28th total of 4,058,984 shares. Based on an average daily trading volume, of 137,663 shares, the days-to-cover ratio is currently 30.1 days. Approximately 3.5% of the shares of the stock are short sold.

Shares of Tanzanian Royalty Exploration (NYSEAMERICAN TRX) traded up $0.01 during trading hours on Monday, reaching $0.38. The company’s stock had a trading volume of 144,806 shares, compared to its average volume of 260,889. Tanzanian Royalty Exploration has a 52-week low of $0.24 and a 52-week high of $0.58. The firm has a market cap of $40.09, a PE ratio of -9.50 and a beta of 0.92.

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Tanzanian Royalty Exploration (NYSEAMERICAN:TRX) (NYSEMKT:TRX) last posted its quarterly earnings data on Thursday, January 11th. The basic materials company reported ($0.01) earnings per share (EPS) for the quarter.

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Tanzanian Royalty Exploration Company Profile

Tanzanian Royalty Exploration Corporation is an exploration-stage company and its mining properties are located outside the United States. The Company is a mineral resource company, which engages in the acquisition of interests in and the exploration of natural resource properties in the future and the possible development of those properties.

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