Tanzanian Royalty Exploration (TNX) Sets New 12-Month High at $0.85

Tanzanian Royalty Exploration Corp (TSE:TNX) (NYSE:TRX) hit a new 52-week high during trading on Monday . The company traded as high as C$0.85 and last traded at C$0.84, with a volume of 68616 shares changing hands. The stock had previously closed at C$0.80.

The company has a current ratio of 0.10, a quick ratio of 0.06 and a debt-to-equity ratio of 23.15. The stock has a market cap of $106.78 million and a P/E ratio of -13.93.

Tanzanian Royalty Exploration (TSE:TNX) (NYSE:TRX) last announced its quarterly earnings data on Friday, January 11th. The company reported C($0.02) EPS for the quarter.

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About Tanzanian Royalty Exploration (TSE:TNX)

Tanzanian Royalty Exploration Corporation engages in the exploration and development of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interest in the Buckreef project located in the Geita District of the Geita Region south of Lake Victoria; the Buziba project situated in the Geita district; the Itetemia gold deposit located at southwest of Mwanza in northern Tanzania; and the Kigosi project situated within the Kigosi Game Reserve controlled area in northwestern Tanzania.

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