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TRX Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Thursday, July 7, 1:24 PM ET
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In trading on Thursday, shares of Tanzanian Royalty Exploration Corp (AMEX:TRX) crossed above their 200 day moving average of $6.77, changing hands as high as $6.84 per share. Tanzanian Royalty Exploration Corp shares are currently trading off about 1.1% on the day. The chart below shows the one year performance of TRX shares, versus its 200 day moving average:

Tanzanian Royalty Exploration Corp 200 Day Moving Average Chart

Looking at the chart above, TRX's low point in its 52 week range is $4.66 per share, with $7.82 as the 52 week high point — that compares with a last trade of $6.52.

TRX operates in the Precious Metals sector, among companies like US Gold Corporation (UXG) which is up about 0.7% today, and Great Basin Gold Ltd (AMEX:GBG) trading up by about 0.5%. Below is a three month price history chart comparing the stock performance of TRX, versus UXG and GBG.

TRX,UXG,GBG Relative Performance Chart


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This Article's Word Cloud:   AMEX   Above   Average   Below   Corp   Exploration   Gold   Investment   Metals   Moving   Portfolio   Precious   Royalty   Tanzanian   about   above   allows   among   asset   average   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   high   history   leads   moving   operates   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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