Tanzanian Royalty Exploration Corp (NYSE:TRX) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 3,217,628 shares, a growth of 0.3% from the August 31st total of 3,207,045 shares. Based on an average daily volume of 333,161 shares, the days-to-cover ratio is presently 9.7 days. Currently, 3.1% of the company’s stock are sold short.

Shares of Tanzanian Royalty Exploration Corp (NYSE:TRX) opened at 0.80 on Friday. The stock’s market capitalization is $86.71 million. Tanzanian Royalty Exploration Corp has a 12-month low of $0.17 and a 12-month high of $1.49. The firm’s 50-day moving average price is $0.94 and its 200 day moving average price is $0.68.

About Tanzanian Royalty Exploration Corp

Tanzanian Royalty Exploration Corporation is a mineral resource company with exploration-stage properties. The Company engages in the acquisition of interests in and the exploration of natural resource properties and the development of those properties. Its principal exploration and development properties are located in the United Republic of Tanzania, Africa.

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