Insider Buying: Teranga Gold Corp (TGZ) Insider Purchases 70,700 Shares of Stock

Teranga Gold Corp (TSE:TGZ) insider Corporation Tablo bought 70,700 shares of the business’s stock in a transaction dated Friday, December 15th. The shares were bought at an average cost of C$2.83 per share, for a total transaction of C$200,081.00.

Corporation Tablo also recently made the following trade(s):

  • On Wednesday, December 13th, Corporation Tablo bought 254,500 shares of Teranga Gold stock. The shares were bought at an average cost of C$2.62 per share, for a total transaction of C$666,790.00.
  • On Monday, December 11th, Corporation Tablo bought 63,400 shares of Teranga Gold stock. The shares were bought at an average cost of C$2.56 per share, for a total transaction of C$162,304.00.
  • On Friday, December 8th, Corporation Tablo purchased 53,300 shares of Teranga Gold stock. The shares were acquired at an average cost of C$2.54 per share, for a total transaction of C$135,382.00.
  • On Wednesday, December 6th, Corporation Tablo purchased 61,900 shares of Teranga Gold stock. The shares were acquired at an average cost of C$2.51 per share, for a total transaction of C$155,369.00.
  • On Monday, December 4th, Corporation Tablo purchased 50,100 shares of Teranga Gold stock. The shares were acquired at an average cost of C$2.49 per share, for a total transaction of C$124,749.00.
  • On Friday, December 1st, Corporation Tablo purchased 30,700 shares of Teranga Gold stock. The shares were acquired at an average cost of C$2.54 per share, for a total transaction of C$77,978.00.
  • On Wednesday, November 29th, Corporation Tablo purchased 56,900 shares of Teranga Gold stock. The shares were acquired at an average cost of C$2.48 per share, for a total transaction of C$141,112.00.
  • On Monday, November 27th, Corporation Tablo purchased 135,400 shares of Teranga Gold stock. The shares were acquired at an average cost of C$2.56 per share, for a total transaction of C$346,624.00.
  • On Wednesday, November 22nd, Corporation Tablo bought 104,700 shares of Teranga Gold stock. The stock was purchased at an average price of C$2.61 per share, for a total transaction of C$273,267.00.
  • On Friday, November 24th, Corporation Tablo bought 91,800 shares of Teranga Gold stock. The stock was purchased at an average price of C$2.56 per share, for a total transaction of C$235,008.00.

Teranga Gold Corp (TSE:TGZ) traded up C$0.25 on Friday, hitting C$3.43. The stock had a trading volume of 473,635 shares, compared to its average volume of 187,106. The company has a market cap of $367.37, a P/E ratio of 11.83 and a beta of -1.05. Teranga Gold Corp has a 52 week low of C$2.36 and a 52 week high of C$5.25.

A number of research analysts have commented on TGZ shares. BMO Capital Markets upgraded Teranga Gold from a “market perform” rating to an “outperform” rating and boosted their target price for the company from C$4.00 to C$4.50 in a research note on Thursday. Scotiabank set a C$3.75 target price on Teranga Gold and gave the company a “sector perform” rating in a research note on Thursday.

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About Teranga Gold

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.

Insider Buying and Selling by Quarter for Teranga Gold (TSE:TGZ)

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