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TRX Gold (TNX) Competitors

C$42.38
-0.57 (-1.33%)
(As of 06/13/2024 ET)

TNX vs. AEM, ABX, WPM, FNV, K, PAAS, AGI, YRI, WFT, and BTO

Should you be buying TRX Gold stock or one of its competitors? The main competitors of TRX Gold include Agnico Eagle Mines (AEM), Barrick Gold (ABX), Wheaton Precious Metals (WPM), Franco-Nevada (FNV), Kinross Gold (K), Pan American Silver (PAAS), Alamos Gold (AGI), Yamana Gold (YRI), West Fraser Timber Co. Ltd. (WFT.TO) (WFT), and B2Gold (BTO). These companies are all part of the "gold" industry.

TRX Gold vs.

Agnico Eagle Mines (TSE:AEM) and TRX Gold (TSE:TNX) are both large-cap basic materials companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, risk, community ranking, profitability, dividends, earnings and media sentiment.

Agnico Eagle Mines has a beta of 1.04, indicating that its share price is 4% more volatile than the S&P 500. Comparatively, TRX Gold has a beta of 0.55, indicating that its share price is 45% less volatile than the S&P 500.

In the previous week, Agnico Eagle Mines had 4 more articles in the media than TRX Gold. MarketBeat recorded 4 mentions for Agnico Eagle Mines and 0 mentions for TRX Gold. TRX Gold's average media sentiment score of 1.05 beat Agnico Eagle Mines' score of 0.00 indicating that Agnico Eagle Mines is being referred to more favorably in the media.

Company Overall Sentiment
Agnico Eagle Mines Positive
TRX Gold Neutral

Agnico Eagle Mines currently has a consensus target price of C$97.50, suggesting a potential upside of 10.46%. Given TRX Gold's higher possible upside, analysts clearly believe Agnico Eagle Mines is more favorable than TRX Gold.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Agnico Eagle Mines
0 Sell rating(s)
0 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
3.00
TRX Gold
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

Agnico Eagle Mines received 434 more outperform votes than TRX Gold when rated by MarketBeat users. However, 67.03% of users gave TRX Gold an outperform vote while only 60.51% of users gave Agnico Eagle Mines an outperform vote.

CompanyUnderperformOutperform
Agnico Eagle MinesOutperform Votes
495
60.51%
Underperform Votes
323
39.49%
TRX GoldOutperform Votes
61
67.03%
Underperform Votes
30
32.97%

Agnico Eagle Mines has higher revenue and earnings than TRX Gold.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Agnico Eagle MinesC$6.95B6.33C$471.61MC$1.0881.73
TRX GoldC$38.01M311.18-C$2.23MN/AN/A

Agnico Eagle Mines has a net margin of 6.79% compared to Agnico Eagle Mines' net margin of -5.86%. Agnico Eagle Mines' return on equity of 3.11% beat TRX Gold's return on equity.

Company Net Margins Return on Equity Return on Assets
Agnico Eagle Mines6.79% 2.39% 3.24%
TRX Gold -5.86%3.11%6.73%

71.3% of Agnico Eagle Mines shares are held by institutional investors. Comparatively, 1.1% of TRX Gold shares are held by institutional investors. 0.1% of Agnico Eagle Mines shares are held by insiders. Comparatively, 2.2% of TRX Gold shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Summary

Agnico Eagle Mines beats TRX Gold on 11 of the 16 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TNX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of TSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TNX vs. The Competition

MetricTRX GoldGold IndustryMaterials SectorTSE Exchange
Market CapC$11.83BC$1.28BC$2.78BC$5.22B
Dividend Yield4.87%5.93%5.27%5.58%
P/E Ratio47.00194.32141.4223.31
Price / Sales311.182,259.98810,313.002,142.24
Price / Cash14.5221.2023.5379.74
Price / Book223.054.533.683.41
Net Income-C$2.23M-C$5.78MC$163.25MC$287.84M
7 Day PerformanceN/A5.72%6.03%-1.63%
1 Month PerformanceN/A3.70%6.30%-2.20%
1 Year Performance7,083.05%53.16%18.90%25.44%

TRX Gold Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
AEM
Agnico Eagle Mines
2.0363 of 5 stars
C$89.78
+2.3%
C$97.50
+8.6%
+32.0%C$44.73BC$6.95B83.1310,125Analyst Revision
Positive News
ABX
Barrick Gold
3.6689 of 5 stars
C$22.63
+1.8%
C$29.73
+31.4%
-1.3%C$39.83BC$11.50B20.0317,500Analyst Revision
Positive News
WPM
Wheaton Precious Metals
1.0852 of 5 stars
C$74.04
+2.3%
C$84.33
+13.9%
N/AC$33.56BC$1.10B41.8342
FNV
Franco-Nevada
1.7118 of 5 stars
C$165.18
+2.1%
C$188.82
+14.3%
-16.9%C$31.77BC$1.20B-47.7438
K
Kinross Gold
3.1937 of 5 stars
C$10.37
+1.9%
C$11.88
+14.5%
+57.0%C$12.76BC$4.39B21.162,021Gap Up
PAAS
Pan American Silver
0.4846 of 5 stars
C$27.59
+0.8%
C$29.31
+6.2%
+35.1%C$10.01BC$2.53B-41.806,200Gap Up
AGI
Alamos Gold
1.3722 of 5 stars
C$22.21
+1.0%
C$22.55
+1.5%
+26.9%C$8.84BC$1.05B31.281,900
YRI
Yamana Gold
0 of 5 stars
N/AN/AN/AC$7.59BC$1.81B-5.725,091High Trading Volume
WFT
West Fraser Timber Co. Ltd. (WFT.TO)
0 of 5 stars
C$81.94
-2.5%
N/AN/AC$5.63BC$5.29B15.298,200High Trading Volume
BTO
B2Gold
1.9915 of 5 stars
C$3.68
+2.8%
C$6.00
+62.9%
-28.4%C$4.78BC$1.92B-73.602,212Dividend Increase
Ex-Dividend

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This page (TSE:TNX) was last updated on 6/14/2024 by MarketBeat.com Staff

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