Tanzanian Gold Corporation trades with the ticker TNX on the TSX and is in the Gold industry.
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.
Looking to invest in Tanzanian Gold Corporation? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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TNX.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $128.382MM
PE Ratio:
Price: 41.04 (Updated: 3/12/2024 0:47:16)
Tanzanian Gold Corporation (TNX) vs Competitors in Gold
Lets see how TNX.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc
.Gold Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Barrick Gold Corporation (ABX) | $37,376.086 | 21.948 | 7.456 | 2.6% |
| Agnico Eagle Mines Limited (AEM) | $37,307.372 | 14.049 | 9.752 | 2.9% |
| Alamos Gold Inc (AGI) | $7,157.749 | 25.408 | 14.058 | 0.8% |
| Galiano Gold Inc (AKG) | $353.306 | N/A | 0.0 | 0.0% |
| Alio Gold Inc (ALO) | $168.547 | N/A | 0.0 | 0.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Gold
- Tanzanian Gold Corporation (TNX) vs Barrick Gold Corporation (ABX)
- ABX has higher EPS (0.97 vs 0.0). ABX provides dividends, while TNX does not. TNX has a P/E under 0, indicating ABX (P/E 21.948) is in a better position.
- Tanzanian Gold Corporation (TNX) vs Agnico Eagle Mines Limited (AEM)
- AEM has higher EPS (5.34 vs 0.0). AEM provides dividends, while TNX does not. TNX has a P/E under 0, indicating AEM (P/E 14.049) is in a better position.
- Tanzanian Gold Corporation (TNX) vs Alamos Gold Inc (AGI)
- AGI has higher EPS (0.71 vs 0.0). AGI provides dividends, while TNX does not. TNX has a P/E under 0, indicating AGI (P/E 25.408) is in a better position.
- Tanzanian Gold Corporation (TNX) vs Galiano Gold Inc (AKG)
- TNX has higher EPS (0.0 vs -0.003). AKG provides dividends, while TNX does not. AKG and TNX both have P/E’s under 0.
- Tanzanian Gold Corporation (TNX) vs Alio Gold Inc (ALO)
- TNX has higher EPS (0.0 vs -0.274). ALO provides dividends, while TNX does not. ALO and TNX both have P/E’s under 0.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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