Powered by

Teranga Gold plummets 12.0% on firm volume February 27, 2017 17:00 EST

Feb 27, 2017 - News Bites Canadian Markets

CANADIAN DAILY STOCK REPORT

Teranga Gold Corporation (TSX:TGZ), Canada's 69th largest Metals & mining company by market cap, has plummeted 12.0c (12.0%) from its last trading session of February 24 to close at 88.0c. Compared with the S&P/TSX 60 Index which fell 2.5 points (0.3%) in the day, the relative price change was -11.7%. The fall was exacerbated by firm volume of 1.2 times the average daily volume of 1.9 million shares.

SECTION 1

SENSITIVITY TO GOLD PRICE

Gold fa...