Peter BSc - TRX Gold G Mang
| TNX Stock | CAD 42.42 0.60 1.39% |
Insider
Peter BSc is G Mang of TRX Gold Corp
| Age | 57 |
| Address | 277 Lakeshore Road East, Oakville, ON, Canada, L6J 6J3 |
| Phone | 844 364 1830 |
| Web | https://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 1st of December 2024, Return On Tangible Assets is likely to grow to 0.03. Also, Return On Capital Employed is likely to grow to 0.15. At this time, TRX Gold's Debt To Assets are very stable compared to the past year. As of the 1st of December 2024, Fixed Asset Turnover is likely to grow to 0.57, while Non Currrent Assets Other are likely to drop about 3.2 M.Similar Executives
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Management Performance
| Return On Equity | 0.0311 | ||||
| Return On Asset | 0.0673 |
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.
| Return On Equity | 0.0311 | ||||
| Return On Asset | 0.0673 | ||||
| Profit Margin | (0.06) % | ||||
| Operating Margin | 0.23 % | ||||
| Current Valuation | 111.76 M | ||||
| Shares Outstanding | 279.15 M | ||||
| Shares Owned By Insiders | 2.10 % | ||||
| Shares Owned By Institutions | 1.10 % | ||||
| Number Of Shares Shorted | 28.16 K | ||||
| Price To Earning | (4.35) X |
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 together with TRX Stock
Moving against TRX Stock
| 0.57 | INFM | Infinico Metals Corp | PairCorr |
| 0.45 | ORE | Orezone Gold Corp | PairCorr |
| 0.38 | VZ | Verizon Communications | PairCorr |
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.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.