Teranga Gold Corp (TSE:TGZ) – Cormark upped their Q3 2017 EPS estimates for Teranga Gold Corp in a report released on Monday. Cormark analyst R. Gray now forecasts that the company will earn $0.09 per share for the quarter, up from their prior forecast of $0.05.

Separately, Royal Bank Of Canada upgraded shares of Teranga Gold Corp from a “sector perform” rating to an “outperform” rating in a research note on Friday, August 18th.

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Teranga Gold Corp (TSE:TGZ) opened at 2.86 on Tuesday. The company has a market cap of $307.00 million and a P/E ratio of 11.22. The company’s 50-day moving average is $3.06 and its 200-day moving average is $3.28. Teranga Gold Corp has a 12 month low of $2.75 and a 12 month high of $6.05.

Teranga Gold Corp Company Profile

Teranga Gold Corp is a Canada-based mining company. The Company is engaged in the production, sale and exploration of gold in Senegal, West Africa. The Company owns and operates a gold mine and mill, the Sabodala Gold mine, in Senegal, West Africa. The Company is focused on the exploration and development of Sabodala gold mine, which is located approximately 650 kilometers southeast of Dakar, the capital of Senegal.

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