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Tanzanian Royalty reports 1Q loss

Tanzanian Royalty Exploration posts loss of $1.5 million in first quarter

Associated Press

SOUTH SURREY, British Columbia (AP) _ Tanzanian Royalty Exploration Corp. (TRX) on Thursday reported a loss of $1.5 million in its fiscal first quarter.

On a per-share basis, the South Surrey, British Columbia-based company said it had a loss of 1 cent.

In the final minutes of trading on Thursday, the company's shares hit 56 cents. A year ago, they were trading at 28 cents.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TRX at https://www.zacks.com/ap/TRX

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Keywords: Tanzanian Royalty Exploration, Earnings Report