Tanzanian Gold Corporation (TRX)

NYSEAMERICAN: TRX · Delayed Price · USD
0.308
0.008 (2.70%)
At close: May 18, 2022 4:00 PM
0.289
-0.019 (-6.169%)
Pre-market:May 19, 2022 8:06 AM EDT
Market Cap85.50M
Revenue (ttm)3.33M
Net Income (ttm)-7.79M
Shares Out277.59M
EPS (ttm)-0.03
PE Ration/a
Forward PE9.19
Dividendn/a
Ex-Dividend Daten/a
Volume452,681
Open0.300
Previous Close0.300
Day's Range0.293 - 0.310
52-Week Range0.260 - 0.600
Beta0.28
AnalystsBuy
Price Target1.19 (+286.4%)
Earnings DateApr 13, 2022

About TRX

Tanzanian Gold Corporation engages in the acquisition, financing, exploration and development 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 located in north-central Tanzania. The company was formerly known as Tanzanian Royalty Exploration Corporation and changed its name to Tanzanian Gold Corporation in April 2019. Tanzanian Gold Corporation was incorporated in 1990 and is based in Toronto, Canada.

IndustryMetals & Mining
Founded1990
CEOJeffrey Duval
Employees11
Stock ExchangeNYSEAMERICAN
Ticker SymbolTRX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 5 analysts, the average rating for TRX stock is "Buy." The 12-month stock price forecast is 1.19, which is an increase of 286.36% from the latest price.

Price Target
$1.19
(286.36% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Tanzanian Gold Announces Name Change to TRX Gold Corporation & Strengthens Management Team

TORONTO, May 16, 2022 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE MKT:TRX) (the “Company” or “TanGold”) is pleased to announce that it will change its name from “Tanzanian Gold Corpor...

3 days ago - GlobeNewsWire

Tanzanian Gold (TRX) Upgraded to Buy: Here's What You Should Know

Tanzanian Gold (TRX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

4 weeks ago - Zacks Investment Research

TanGold Achieves Low Cash Costs and Significant Gross Margin on Gold Sales

Reports Second Quarter Results Reports Second Quarter Results

1 month ago - GlobeNewsWire

Gold Stocks: Why Are HYMC, PZG, TRX and EXN Up Today?

Gold stocks are on the move Friday as various companies in the sector see shares rise higher among recent volatility due to Russia. The post Gold Stocks: Why Are HYMC, PZG, TRX and EXN Up Today?

Other symbols:EXNHYMCPZG
2 months ago - InvestorPlace

Buckreef Gold – Special Mining License Renewal Date Extension

TORONTO, March 11, 2022 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) is pleased to announce that it has been granted an extension to the renewal ...

2 months ago - GlobeNewsWire

Top Penny Stocks To Watch As Nickel, Gold, & Mining Stocks Soar

Mining penny stocks to watch right now The post Top Penny Stocks To Watch As Nickel, Gold, & Mining Stocks Soar appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

Other symbols:NAKTMC
2 months ago - PennyStocks

Tanzanian Gold Reports 2022 Annual Meeting Voting Results

TORONTO, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces the voting results from its 2022 annual general and special meeting held on Februa...

2 months ago - GlobeNewsWire

Buckreef Gold - Ball Mills at the Gates

TORONTO, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) is pleased to provide an update on recent milestones achieved on the 1,000+ t...

2 months ago - GlobeNewsWire

Buckreef Gold Completes First Phase of Mill Expansion and Achieves Record Gold Production

TORONTO, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) is pleased to announce that the first phase of the oxide mill expansion of 36...

3 months ago - GlobeNewsWire

An ESG checklist for a resources investment

(Kitco News) - Read the environmental social governance studies and look at how the company acts within the community it is situated when assessing a miner's or junior's ESG risk, said Andrew Cheatle, c...

3 months ago - Kitco

TanGold Announces Closing Of $7.0 Million Registered Direct Offering

TORONTO, Jan. 26, 2022 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) today announced that it has successfully closed the previously announced regi...

3 months ago - GlobeNewsWire

TanGold Continues Execution on Sustainable Business Plan

Reports First Quarter Results Reports First Quarter Results

4 months ago - GlobeNewsWire

Tanzanian Gold Sets Annual Meeting of Shareholders and Provides Update on Its Annual Filing

TORONTO, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) announces that its Annual General Meeting (“AGM” or “Meeting”) of Shareholder...

4 months ago - GlobeNewsWire

Tanzanian Gold to Attend the John Tumazos Very Independent Research LLC December 2021 Virtual Conference

TORONTO, Dec. 03, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company)  announces that management will present in the John Tumazos Very Independent ...

5 months ago - GlobeNewsWire

Significant Exploration Potential and Rapidly Growing Production

TanGold Reports Fourth Quarter and Year End 2021 Results TanGold Reports Fourth Quarter and Year End 2021 Results

5 months ago - GlobeNewsWire

TanGold Announces 1,000+ TPD Processing Plant Expansion Plan for Buckreef Gold

Construction and 1,000+ TPD Gold Processing Plant Expansion to be Funded from Existing Cash Construction and 1,000+ TPD Gold Processing Plant Expansion to be Funded from Existing Cash

6 months ago - GlobeNewsWire

Buckreef Gold Commences Commissioning of Expanded Processing Plant

Expansion Expected to Increase Average Gold Production to an Initial 750-800 Ounces Per Month 1 at Anticipated Total Cash Costs 2 of US$725-825 Per Ounce Upon Final Commissioning

6 months ago - GlobeNewsWire

TanGold to Attend and Present at the 2021 Gold Forum Americas Explorer and Developer Forum

TORONTO, Sept. 10, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) is pleased to participate in the 2021 Gold Forum Americas Explorer and Devel...

8 months ago - GlobeNewsWire

90% Gold Recovery Attained at Buckreef Oxide Test Plant

TORONTO, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) (operating through its wholly owned subsidiary in Tanzania) is pleased to an...

8 months ago - GlobeNewsWire

TanGold to Attend and Present at 2021 Precious Metals Summit Beaver Creek Conference

TORONTO, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) announces that management will be attending and presenting at the Precious M...

8 months ago - GlobeNewsWire

TanGold Continues to Execute Mine Development and Exploration

Reports Third Quarter 2021 Results Reports Third Quarter 2021 Results

10 months ago - GlobeNewsWire

New Gold Zone Discovery at Buckreef Gold – 2.9 km Strike Length

TORONTO, June 21, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) (operating through its wholly owned subsidiary in Tanzania) and its joint ven...

10 months ago - GlobeNewsWire

Positive Updated Metallurgical Test Work at the Buckreef Gold Project

TORONTO, June 09, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) (operating through its wholly owned subsidiary in Tanzania) and its joint ven...

11 months ago - GlobeNewsWire

Khalaf Rashid – Welcomed as Senior Vice President, Tanzania & Managing Director

TORONTO, June 01, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TSX:TNX) (NYSE American:TRX) (TanGold or the Company) is pleased to announce and welcome Khalaf Rashid as Senior Vice President, Ta...

11 months ago - GlobeNewsWire

Tanzanian Gold Corporation to Participate in Fireside Chat with Alliance Global Partners on Thursday, May 13th, 2021 ...

TORONTO, May 12, 2021 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (NYSE American: TRX) (TSX:TNX) (TanGold or the Company), operating through its wholly owned subsidiary in Tanzania (Tanzam2000), and ...

1 year ago - GlobeNewsWire