TRX Gold (TNX) Stock Price, News & Analysis

Company Overview

TRX Gold Corporation engages in the exploration, development, and production of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interests in the Buckreef gold project that comprises a single Special Mining License covering an area of 16.04 square kilometers and 12 Prospecting Licenses covering 98.19 square kilometers located in north-central Tanzania. The company was formerly known as Tanzanian Gold Corporation and changed its name to TRX Gold Corporation in May 2022. TRX Gold Corporation was incorporated in 1990 and is based in Oakville, Canada.

Key Stats

• Today's Range: C$43.42 to C$43.76
• 50-Day Range: C$42.30 to C$45.96
• 52-Week Range: C$0.45 to C$0.81
• Volume: N/A
• Average Volume: 16,040 shs
• Market Capitalization: C$12.13 billion
• P/E Ratio: 47.00
• Dividend Yield: 4.87%
• Price Target: N/A
• Consensus Rating: N/A

TNX Stock Analysis - Frequently Asked Questions

How have TNX shares performed this year?

TRX Gold's stock was trading at C$45.45 at the start of the year. Since then, TNX stock has decreased by 4.4% and is now trading at C$43.46.

How do I buy shares of TRX Gold?

Shares of TNX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.

What other stocks do shareholders of TRX Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TRX Gold investors own include TRX Gold (TRX), Wheaton Precious Metals (WPM), Yorbeau Resources (YRB), Alamos Gold (AGI), B2Gold (BTO), Aurora Cannabis (ACB).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: TSE:TNX
• CIK: N/A
• Web: www.tanzanianroyalty.com
• Phone: +1-416-8487744
• Fax: N/A
• Employees: 130
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: 47.00
• Forward P/E Ratio: 1,108.69
• P/E Growth: N/A
• Net Income: -C$2.23 million
• Net Margins: -5.86%
• Pretax Margin: N/A
• Return on Equity: 3.11%
• Return on Assets: 6.73%

Debt

• Debt-to-Equity Ratio: 0.19
• Current Ratio: 0.90
• Quick Ratio: 0.64

Sales & Book Value

• Annual Sales: C$38.01 million
• Price / Sales: 319.11
• Cash Flow: C$2.99 per share
• Price / Cash Flow: 14.52
• Book Value: C$0.19 per share
• Price / Book: 228.74

Miscellaneous

• Outstanding Shares: 279,090,000
• Free Float: N/A
• Market Cap: C$12.13 billion
• Optionable: Not Optionable
• Beta: 0.55