Tanzanian Gold logo

TNX - Tanzanian Gold Share Price

C$1.24 -0.0  -3.1%

Last Trade - 31/07/20

Sector
Basic Materials
Size
Small Cap
Market Cap £121.4m
Enterprise Value £127.6m
Revenue £n/a
Position in Universe 505th / 2679
Bullish
Bearish
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Momentum
Relative Strength (%)
1m +1.58%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -19.0%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Aug 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
0.000 0.000 0.000 0.000 0.000 0.000 4.80 20.2
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 31 May 2020, Tanzanian Gold Corp revenues was not reported. Net loss increased from C$4.9M to C$13M. Higher net loss reflects Share based payments increase from C$183K to C$4.3M (expense), Exploration Costs increase from C$132K to C$595K (expense), Salaries and Benefits increase of 74% to C$900K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from -C$0.04 to -C$0.08.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

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Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
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Profile Summary

Tanzanian Gold Corp, formerly Tanzanian Royalty Exploration Corporation, is an exploration-stage company and its mining properties are located outside the United States. The Company is a mineral resource company, which engages in the acquisition of interests in and the exploration of natural resource properties in the future and the possible development of those properties. The Company's main area of interest is in the exploration and development of gold properties, with a primary focus on exploring for and developing gold properties in Tanzania. Its principal exploration and development properties are located in the United Republic of Tanzania, Africa. The Company's mineral properties include Buckreef Project, Kigosi Project, Lunguya Project Area, Itetemia Property and Luhala Property. Its projects also include Kanegele Project, Kongwa Project, Manonga Project, Nzega Project, Ushirombo Project, Nyanzaga Project, Mwadui Project, Tulawaka Project, Kibara Project and Kabanga Project.

Directors
Last Annual August 31st, 2019
Last Interim May 31st, 2020
Incorporated July 5, 1990
Public Since May 7, 2004
No. of Shareholders: n/a
No. of Employees: 16
Sector Basic Materials
Industry Metals & Mining
Index
Exchange Toronto Stock Exchange
Shares in Issue 171,833,916
Free Float (0.0%)
Eligible for
ISAs
SIPPs
TNX Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
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Latest News for TNX
Upcoming Events for TNX
Frequently Asked Questions for Tanzanian Gold
What is the Tanzanian Gold share price?

As of 31/07/20, shares in Tanzanian Gold are trading at C$1.24, giving the company a market capitalisation of £121.4m. This share price information is delayed by 15 minutes.

How has the Tanzanian Gold share price performed this year?

Shares in Tanzanian Gold are currently trading at C$1.24 and the price has moved by 4.2% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Tanzanian Gold price has moved by 4.03% over the past year.

What are the analyst and broker recommendations for Tanzanian Gold?

Of the analysts with advisory recommendations for Tanzanian Gold, there are there are currently 0 "buy" , 0 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Tanzanian Gold is Buy. You can view the full broker recommendation list by unlocking its StockReport.

When will Tanzanian Gold next release its financial results?

Tanzanian Gold is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-05-31
What is the Tanzanian Gold dividend yield?

Tanzanian Gold does not currently pay a dividend.

Does Tanzanian Gold pay a dividend?

Tanzanian Gold does not currently pay a dividend.

When does Tanzanian Gold next pay dividends?

Tanzanian Gold does not currently pay a dividend.

How do I buy Tanzanian Gold shares?

To buy shares in Tanzanian Gold you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Tanzanian Gold?

Shares in Tanzanian Gold are currently trading at C$1.24, giving the company a market capitalisation of £121.4m.

Where are Tanzanian Gold shares listed? Where are Tanzanian Gold shares listed?

Here are the trading details for Tanzanian Gold:

Country of listing: Canada
Exchange: TOR
Ticker Symbol: TNX
What kind of share is Tanzanian Gold?

Based on an overall assessment of its quality, value and momentum, Tanzanian Gold is currently classified as a Momentum Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Tanzanian Gold share price forecast 2020?

Shares in Tanzanian Gold are currently priced at C$1.24. At that level they are trading at 45.16% discount to the analyst consensus target price of 0.00.

Analysts covering Tanzanian Gold currently have a consensus Earnings Per Share (EPS) forecast of -0.02 for the next financial year.

How can I tell whether the Tanzanian Gold share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Tanzanian Gold. Over the past six months, the relative strength of its shares against the market has been 78.68%. At the current price of C$1.24, shares in Tanzanian Gold are trading at 32.8% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Tanzanian Gold PE Ratio?

We were not able to find PE ratio data for Tanzanian Gold.

Who are the key directors of Tanzanian Gold?

Tanzanian Gold's management team is headed by:

James Sinclair - CHM
Ulrich Rath - IND
William Harvey - IND
Rosalind Morrow - DRC
Norman Betts - IND
Marco Guidi - CFO
Donna Moroney - SEC
Jeffrey Duval - CEO
Who are the major shareholders of Tanzanian Gold?

Here are the top five shareholders of Tanzanian Gold based on the size of their shareholding:

Van Eck Associates Corporation Investment Advisor/Hedge Fund
Percentage owned: 4.67% (7.49m shares)
Sinclair (James E) Individual Investor
Percentage owned: 1% (1.97m shares)
Morrow (Rosalind) Individual Investor
Percentage owned: 0.34% (670k shares)
Integrated Advisors Network LLC Investment Advisor
Percentage owned: 0.21% (412k shares)
Susquehanna International Group, LLP Investment Advisor
Percentage owned: 0.15% (287k shares)
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