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Teranga Gold Corp (TSE:TGZ)

Teranga Gold Corp (TSE:TGZ) Company Profile

Symbol(s): TSE:TGZ, OTCMKTS:TGCDF
Industry: Gold Mining
Website: www.terangagold.com
eMail: investor@terangagold.com

Teranga Gold Corp (TSE:TGZ) is a Canadian Gold mining company. It’s a mid-tier producer mainly focused on exploration and development of mineral properties in West Africa, Senegal. The company has 39% ownership of the OJVG property which is located in West Africa, Senegal.

Teranga Gold Corp (TSE:TGZ) has about 5 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$369.97 per gold equivalent ounce. The company currently produces 225000 ounces of gold per year with the all-in sustaining costs of US$1050 per ounce.

Teranga Gold Corp has US$61.29 million cash and US$13.76 million debt. The company has 167.55 million shares outstanding and as of September 01, 2020, had a market capitalization of US$1897.38 million. The stocks of Teranga Gold Corp trade on the Toronto Stock Exchange and the Over-the-Counter Exchange.

Teranga Gold Corp (TSE:TGZ) Share Price Chart

Teranga Gold Corp (TSE:TGZ) Technical Data
Last Updated: September 2, 2020

Share Price:
CA$14.9 (9/1/2020 16:00:00)
Volume:
304149 (9/1/2020 16:00:00)
52 Week High:
CA$16.8
52 Week Low:
CA$3.86
Change from 52 Week Low:
286.01%
Change from 52 Week High:
-11.31%
Beta
0.65
Average Volume:
#N/A

Teranga Gold Corp (TSE:TGZ) Financial Data

Share Price:
CA$14.9 (9/1/2020 16:00:00)
Shares Outstanding:
167.55 million
Market Capitalization:
US$1897.38 million *
Cash:
US$61.29 million
Total Debt:
US$13.76 million
Enterprise Value:
US$1849.851 million
Earnings Per Share:
-0.1
Price to Earning (P/E) Ratio:
#N/A

Teranga Gold Corp (TSE:TGZ) Gold Resources

Total Reserves & Resources:
5 million ounce
Plausible Reserves & Resources:
3.69 million ounce
Current Cash Cost Per Ounce:
US$700
Future Cash Cost Per Ounce:
US$750
Current All-in Sustaining Cost Per Ounce:
US$1050
Future All-in Sustaining Cost Per Ounce:
US$1150
Current Annual Production:
225000 ounce
Future Annual Production:
250000 ounce

Teranga Gold Corp (TSE:TGZ) Valuation by Resources

Gold Equivalent Resources:
5 million ounce
Silver Equivalent Resources:
345.2 million ounce ***
Enterprise Value Per Gold Ounce:
US$369.97
Enterprise Value Per Silver Ounce:
US$5.36
Gold Equivalent Resources per FD share:
0.03 ounce
Silver Equivalent Resources per FD share:
2.06 ounce

* CAD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources

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