Shares of Tanzanian Royalty Exploration Corp (TSE:TNX) (NYSE:TRX) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$1.24 and last traded at C$1.15, with a volume of 94200 shares trading hands. The stock had previously closed at C$1.04.
The company has a market cap of $141.41 million and a PE ratio of -18.69. The company has a debt-to-equity ratio of 23.15, a current ratio of 0.10 and a quick ratio of 0.06.
Tanzanian Royalty Exploration (TSE:TNX) (NYSE:TRX) last issued its earnings results on Friday, January 11th. The company reported C($0.02) earnings per share (EPS) for the quarter.
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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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