Trx Gold Corp Stock Today

TNX Stock  CAD 45.70  0.76  1.69%   

Performance

19 of 100

 
Weak
 
Strong
Solid

Odds Of Distress

Less than 27

 
High
 
Low
Below Average
TRX Gold is selling at 45.70 as of the 21st of December 2024; that is 1.69% increase since the beginning of the trading day. The stock's open price was 44.94. TRX Gold has about a 27 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat solid performance during the last 90 days. The performance scores are derived for the period starting the 21st of November 2024 and ending today, the 21st of December 2024. Click here to learn more.
Business Domain
Materials
Category
Basic Materials
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.. The company has 279.15 M outstanding shares of which 28.16 K shares are at this time shorted by private and institutional investors with about 1.95 days to cover all short positions. More on TRX Gold Corp

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TRX Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. TRX Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding TRX Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationMetals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors)
TRX Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to TRX Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
TRX Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand TRX Gold's financial leverage. It provides some insight into what part of TRX Gold's total assets is financed by creditors.
Liquidity
TRX Gold cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. 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.

Other Non Cash Items

(3.69 Million)
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. The company currently falls under 'Small-Cap' category with a current market capitalization of 128.41 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TRX Gold's market, we take the total number of its shares issued and multiply it by TRX Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. TRX Gold Corp operates under Metals & Mining sector and is part of Materials industry. The entity has 279.15 M outstanding shares of which 28.16 K shares are at this time shorted by private and institutional investors with about 1.95 days to cover all short positions. TRX Gold Corp has accumulated about 1.16 M in cash with 17.33 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.01.
Check TRX Gold Probability Of Bankruptcy
Ownership Allocation
TRX Gold Corp shows a total of 279.15 Million outstanding shares. About 96.8 % of TRX Gold outstanding shares are held by general public with 2.1 (%) owned by insiders and only 1.1 % by institutional holders. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check TRX Ownership Details

TRX Gold Corp Risk Profiles

Although TRX Gold's alpha and beta are two of the key measurements used to evaluate TRX Gold's performance over the market, the standard measures of volatility play an important role as well.

TRX Stock Against Markets

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TRX Gold Corporate Management

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 CSCPACo AccountantProfile
BBA CACEO DirectorProfile
Christina LalliVice RelationsProfile
Peter BScG MangProfile
Donna MoroneyCorporate SecretaryProfile
Khalaf RashidSenior TanzaniaProfile
Michael MartinInvestor MangProfile

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.