Donna Moroney - TRX Gold Corporate Secretary

TNX Stock  CAD 45.70  0.76  1.69%   

Executive

Ms. Donna M. Moroney is Corporationrationrate Secretary of the company. Ms. Moroney has over 30 years of experience in regulatory and corporate compliance in both Canada and the United States, and as a senior officer of various public companies. As President and owner of Wiklow Corporationrationrate Services Inc. since 2008, she assists companies in the resource, financial and technology sectors in maintaining the securities and exchange demands on public companies, as well as keeping them uptodate on relevant issues, policies and working practices. Ms. Moroney also assists companies reporting in the U.S. in preparing registration statements, quarterly and annual financial filings and other various facets of meeting U.S. securities requirements. She also leads workshops that provide a practical guide for public companies in meeting their securities regulatory compliance requirements. She currently serves as a director or senior officer for seven public companies. since 2014.
Age 64
Tenure 10 years
Address 277 Lakeshore Road East, Oakville, ON, Canada, L6J 6J3
Phone844 364 1830
Webhttps://www.trxgold.com

TRX Gold Management Efficiency

The company has return on total asset (ROA) of 0.0673 % which means that it generated a profit of $0.0673 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.0311 %, meaning that it generated $0.0311 on every $100 dollars invested by stockholders. TRX Gold's management efficiency ratios could be used to measure how well TRX Gold manages its routine affairs as well as how well it operates its assets and liabilities. As of the 21st of December 2024, Return On Capital Employed is likely to grow to 0.15, while Return On Tangible Assets are likely to drop (0). At this time, TRX Gold's Fixed Asset Turnover is very stable compared to the past year. As of the 21st of December 2024, Asset Turnover is likely to grow to 0.44, while Non Currrent Assets Other are likely to drop about 3.2 M.
TRX Gold Corp has accumulated 101 K in total debt with debt to equity ratio (D/E) of 19.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TRX Gold Corp has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TRX Gold until it has trouble settling it off, either with new capital or with free cash flow. So, TRX Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TRX Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TRX to invest in growth at high rates of return. When we think about TRX Gold's use of debt, we should always consider it together with cash and equity.

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Tanzanian Gold Corporation engages in the exploration and development of mineral property interests in the United Republic of Tanzania. Tanzanian Gold Corporation was founded in 1990 and is based in Toronto, Canada. TANZANIAN GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange. TRX Gold Corp (TNX) is traded on Toronto Exchange in Canada and employs 130 people. TRX Gold is listed under Metals & Mining category by Fama And French industry classification.

Management Performance

TRX Gold Corp Leadership Team

Elected by the shareholders, the TRX Gold's board of directors comprises two types of representatives: TRX Gold inside directors who are chosen from within the company, and outside directors, selected externally and held independent of TRX. The board's role is to monitor TRX Gold's management team and ensure that shareholders' interests are well served. TRX Gold's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, TRX Gold's outside directors are responsible for providing unbiased perspectives on the board's policies.
AICPA CSCPA, Co Accountant
BBA CA, CEO Director
Christina Lalli, Vice Relations
Peter BSc, G Mang
Donna Moroney, Corporate Secretary
Khalaf Rashid, Senior Tanzania
Michael Martin, Investor Mang

TRX Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is TRX Gold a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with TRX Gold

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TRX Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TRX Gold will appreciate offsetting losses from the drop in the long position's value.

Moving against TRX Stock

  0.72ORE Orezone Gold CorpPairCorr
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The ability to find closely correlated positions to TRX Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TRX Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TRX Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TRX Gold Corp to buy it.
The correlation of TRX Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TRX Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TRX Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for TRX Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in TRX Stock

TRX Gold financial ratios help investors to determine whether TRX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TRX with respect to the benefits of owning TRX Gold security.