Tanzanian Royalty Exploration Stock Shares Outstanding
| TRX Stock | USD 0.35 0.01 2.78% |
Tanzanian Royalty Exploration fundamentals help investors to digest information that contributes to Tanzanian Royalty's financial success or failures. It also enables traders to predict the movement of Tanzanian Stock. The fundamental analysis module provides a way to measure Tanzanian Royalty's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tanzanian Royalty stock.
Common Stock Shares Outstanding is likely to rise to about 348.4 M in 2024. Tanzanian | Shares Outstanding |
Tanzanian Royalty Exploration Company Shares Outstanding Analysis
Tanzanian Royalty's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current Tanzanian Royalty Shares Outstanding | 279.57 M |
Most of Tanzanian Royalty's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tanzanian Royalty Exploration is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tanzanian Shares Outstanding Driver Correlations
Understanding the fundamental principles of building solid financial models for Tanzanian Royalty is extremely important. It helps to project a fair market value of Tanzanian Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Tanzanian Royalty's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tanzanian Royalty's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tanzanian Royalty's interrelated accounts and indicators.
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Tanzanian Shares Outstanding Historical Pattern
Today, most investors in Tanzanian Royalty Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Tanzanian Royalty's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's shares outstanding growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Tanzanian Royalty shares outstanding as a starting point in their analysis.
Tanzanian Royalty Shares Outstanding |
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Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
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Tanzanian Common Stock Shares Outstanding
Common Stock Shares Outstanding |
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Based on the latest financial disclosure, Tanzanian Royalty Exploration has 279.57 M of shares currently outstending. This is 54.49% lower than that of the Metals & Mining sector and 22.39% lower than that of the Materials industry. The shares outstanding for all United States stocks is 51.11% higher than that of the company.
Tanzanian Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tanzanian Royalty's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tanzanian Royalty could also be used in its relative valuation, which is a method of valuing Tanzanian Royalty by comparing valuation metrics of similar companies.Tanzanian Royalty is currently under evaluation in shares outstanding category among its peers.
Tanzanian Royalty Current Valuation Drivers
We derive many important indicators used in calculating different scores of Tanzanian Royalty from analyzing Tanzanian Royalty's financial statements. These drivers represent accounts that assess Tanzanian Royalty's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Tanzanian Royalty's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 142.2M | 96.3M | 128.6M | 110.6M | 127.2M | 120.8M | |
| Enterprise Value | 143.0M | 82.9M | 120.1M | 103.1M | 118.5M | 112.6M |
Tanzanian Fundamentals
| Return On Equity | 0.042 | ||||
| Return On Asset | 0.0612 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.24 % | ||||
| Current Valuation | 90.54 M | ||||
| Shares Outstanding | 279.57 M | ||||
| Shares Owned By Insiders | 2.15 % | ||||
| Shares Owned By Institutions | 1.55 % | ||||
| Number Of Shares Shorted | 375.6 K | ||||
| Price To Earning | (4.03) X | ||||
| Price To Book | 1.86 X | ||||
| Price To Sales | 2.69 X | ||||
| Revenue | 38.32 M | ||||
| Gross Profit | 9.5 M | ||||
| EBITDA | 15.45 M | ||||
| Net Income | 7.04 M | ||||
| Cash And Equivalents | 10.46 M | ||||
| Cash Per Share | 0.04 X | ||||
| Total Debt | 101 K | ||||
| Debt To Equity | 0.23 % | ||||
| Current Ratio | 1.45 X | ||||
| Book Value Per Share | 0.19 X | ||||
| Cash Flow From Operations | 17.33 M | ||||
| Short Ratio | 0.80 X | ||||
| Target Price | 1.38 | ||||
| Number Of Employees | 130 | ||||
| Beta | 0.13 | ||||
| Market Capitalization | 98.82 M | ||||
| Total Asset | 84.2 M | ||||
| Retained Earnings | (121.53 M) | ||||
| Working Capital | (617 K) | ||||
| Current Asset | 787 K | ||||
| Current Liabilities | 9.81 M | ||||
| Net Asset | 84.2 M |
About Tanzanian Royalty Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tanzanian Royalty Exploration's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tanzanian Royalty using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tanzanian Royalty Exploration based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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When running Tanzanian Royalty's price analysis, check to measure Tanzanian Royalty's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Tanzanian Royalty is operating at the current time. Most of Tanzanian Royalty's value examination focuses on studying past and present price action to predict the probability of Tanzanian Royalty's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Tanzanian Royalty's price. Additionally, you may evaluate how the addition of Tanzanian Royalty to your portfolios can decrease your overall portfolio volatility.