Trx Gold Corp Stock Analysis
| TNX Stock | CAD 42.42 0.60 1.39% |
TRX Gold Corp is overvalued with Real Value of 34.77 and Hype Value of 42.42. The main objective of TRX Gold stock analysis is to determine its intrinsic value, which is an estimate of what TRX Gold Corp is worth, separate from its market price. There are two main types of TRX Gold's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect TRX Gold's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of TRX Gold's stock to identify patterns and trends that may indicate its future price movements.
The TRX Gold stock is traded in Canada on Toronto Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in Canada. TRX Gold is usually not traded on Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, Boxing Day, New Year 's Day, Family Day, Good Friday, Victoria Day. TRX Stock trading window is adjusted to America/Toronto timezone.
TRX |
TRX Stock Analysis Notes
The company has price-to-book ratio of 1.71. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TRX Gold Corp had not issued any dividends in recent years. 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. To find out more about TRX Gold Corp contact BBA CA at 844 364 1830 or learn more at https://www.trxgold.com.TRX Gold Corp Investment Alerts
| 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. | |
| Latest headline from news.google.com: StockNews.com Initiates Coverage on TRX Gold - MarketBeat |
TRX Largest EPS Surprises
Earnings surprises can significantly impact TRX Gold's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2010-11-29 | 2010-08-31 | -0.01 | -0.011 | -0.001 | 10 | ||
2024-01-18 | 2023-11-30 | 0.01 | 0.0067 | -0.0033 | 33 | ||
2021-07-15 | 2021-05-31 | -0.01 | 0.0012 | 0.0112 | 112 |
TRX Market Capitalization
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 Profitablity
TRX Gold's profitability indicators refer to fundamental financial ratios that showcase TRX Gold's ability to generate income relative to its revenue or operating costs. If, let's say, TRX Gold is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, TRX Gold's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of TRX Gold's profitability requires more research than a typical breakdown of TRX Gold's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (0.06) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of 0.23 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.23. | Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.03 | 0.03 | |
| Return On Capital Employed | 0.14 | 0.15 | |
| Return On Assets | 0.03 | 0.03 | |
| Return On Equity | 0.05 | 0.05 |
Management Efficiency
TRX Gold Corp 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.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 0.19 | 0.22 | |
| Net Current Asset Value | -5.4 M | -5.7 M | |
| Tangible Book Value Per Share | 0.19 | 0.22 | |
| Enterprise Value Over EBITDA | 7.67 | 7.29 | |
| Price Book Value Ratio | 2.36 | 2.24 | |
| Enterprise Value Multiple | 7.67 | 7.29 | |
| Price Fair Value | 2.36 | 2.24 | |
| Enterprise Value | 118.5 M | 112.6 M |
Leadership effectiveness at TRX Gold Corp is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Operating Margin 0.2299 | Profit Margin (0.06) | Beta 0.552 | Return On Assets 0.0673 | Return On Equity 0.0311 |
Technical Drivers
As of the 1st of December, TRX Gold has the Semi Deviation of 1.07, coefficient of variation of 782.98, and Risk Adjusted Performance of 0.1016. Compared to fundamental indicators, the technical analysis model makes it possible for you to check available technical drivers of TRX Gold Corp, as well as the relationship between them.TRX Gold Corp Price Movement Analysis
The output start index for this execution was nine with a total number of output elements of fifty-two. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. TRX Gold middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for TRX Gold Corp. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
TRX Gold Outstanding Bonds
TRX Gold issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. TRX Gold Corp uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most TRX bonds can be classified according to their maturity, which is the date when TRX Gold Corp has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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TRX Gold Predictive Daily Indicators
TRX Gold intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of TRX Gold stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
TRX Gold Forecast Models
TRX Gold's time-series forecasting models are one of many TRX Gold's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary TRX Gold's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About TRX Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how TRX Gold prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling TRX shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as TRX Gold. By using and applying TRX Stock analysis, traders can create a robust methodology for identifying TRX entry and exit points for their positions.
| Last Reported | Projected for Next Year | ||
| Pretax Profit Margin | 0.29 | 0.31 | |
| Operating Profit Margin | 0.25 | 0.26 | |
| Net Profit Margin | 0.05 | 0.06 | |
| Gross Profit Margin | 0.55 | 0.61 |
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As an investor, your ultimate goal is to build wealth. Optimizing your investment portfolio is an essential element in this goal. Using our stock analysis tools, you can find out how much better you can do when adding TRX Gold to your portfolios without increasing risk or reducing expected return.Did you try this?
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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.