Tanzanian Royalty Exploration is trading 6.1% up at $0.86 today amid a rebound in gold-related names and broader materials strength.

  • The move follows several up sessions since late July lows and appears driven by sector momentum rather than new company-specific news.
  • Gold prices and risk appetite have improved on hopes for a Strait of Hormuz deal, lifting miners alongside the Materials sector and major U.S. indices.