Tanzanian Royalty Exploration Corp (NYSEAMERICAN:TRX) (NYSEMKT:TRX) saw a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 3,710,369 shares, a decline of 1.2% from the February 15th total of 3,755,554 shares. Based on an average daily trading volume, of 303,721 shares, the short-interest ratio is presently 12.2 days.

NYSEAMERICAN TRX opened at $0.60 on Wednesday. Tanzanian Royalty Exploration has a fifty-two week low of $0.25 and a fifty-two week high of $0.68.

Tanzanian Royalty Exploration (NYSEAMERICAN:TRX) (NYSEMKT:TRX) last issued its earnings results on Friday, January 11th. The basic materials company reported ($0.02) EPS for the quarter.

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Tanzanian Royalty Exploration Company Profile

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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