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Teranga boosts profits, lays ground for growth

Teranga Gold (CN:TGZ) has followed record annual gold output with strong 2017 financial results.

Teranga boosts profits, lays ground for growth Teranga boosts profits, lays ground for growth Teranga boosts profits, lays ground for growth Teranga boosts profits, lays ground for growth Teranga boosts profits, lays ground for growth

Teranga ended 2017 with a strong balance sheet

It achieved a 38% year-on-year increase in net income attributable to shareholders to US$31.9 million, which translated to $0.30 per share, up 8%.

The company's EBITDA fell 4% to $95 mil...