Tanzanian Gold Corp

Tanzania is 1.4 times the size of Texas. It is located on Africa's east coast, below Kenya and above Mozambique. While you may not have heard much about the country, you are likely to be familiar with two of its major attractions: Serengeti National Park and Mount Kilimanjaro.

Agriculture, mining, and energy are among the country's natural resources. TRX is a gold miner that has recently started production at its Buckreef Gold Mine Project open pit mine.

An independent assessment of the property updated its gold estimate by 2.5 times in late June. Furthermore, the projected operational costs are very low.

TRX has a market cap of $145 million, which is up 14% year to date. If gold continues to rise as economic uncertainty persists, it has plenty of room to rise from here, particularly as production expands.

Website: www.tangoldcorp.com

Market Cap: 95.848M