Headlines about Tanzanian Royalty Exploration Corp (NYSE:TRX) (NYSEMKT:TRX) have been trending somewhat positive on Wednesday, Accern reports. Accern identifies positive and negative media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tanzanian Royalty Exploration Corp earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.7570784654172 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Tanzanian Royalty Exploration Corp (TRX) opened at 0.42 on Wednesday. The firm’s 50-day moving average price is $0.44 and its 200 day moving average price is $0.47. Tanzanian Royalty Exploration Corp has a 52-week low of $0.38 and a 52-week high of $1.17. The firm’s market cap is $50.21 million.

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About Tanzanian Royalty Exploration Corp

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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