Earnings and Growth Analysis : Tanzanian Gold (NYSEAMERICAN:TRX)

Earnings results for Tanzanian Gold (NYSEAMERICAN:TRX)

Tanzanian Gold Corporation is estimated to report earnings on 04/13/2021. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates. Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. The reported EPS for the same quarter last year was $-0.02.

Tanzanian Gold last released its quarterly earnings results on January 14th, 2021. The basic materials company reported ($0.01) EPS for the quarter. Tanzanian Gold has generated $0.00 earnings per share over the last year. Tanzanian Gold has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, April 13th, 2021 based off prior year’s report dates.

Analyst Opinion on Tanzanian Gold (NYSEAMERICAN:TRX)

1 Wall Street analysts have issued ratings and price targets for Tanzanian Gold in the last 12 months. Their average twelve-month price target is $1.50, predicting that the stock has a possible upside of 163.71%. The high price target for TRX is $1.50 and the low price target for TRX is $1.50. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Tanzanian Gold has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $1.50, Tanzanian Gold has a forecasted upside of 163.7% from its current price of $0.57. Tanzanian Gold has only been the subject of 1 research reports in the past 90 days.

Dividend Strength: Tanzanian Gold (NYSEAMERICAN:TRX)

Tanzanian Gold does not currently pay a dividend. Tanzanian Gold does not have a long track record of dividend growth.

Insiders buying/selling: Tanzanian Gold (NYSEAMERICAN:TRX)

In the past three months, Tanzanian Gold insiders have not sold or bought any company stock. Only 0.90% of the stock of Tanzanian Gold is held by institutions.

Earnings and Valuation of Tanzanian Gold (NYSEAMERICAN:TRX

The P/E ratio of Tanzanian Gold is -6.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Tanzanian Gold is -6.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Tanzanian Gold has a P/B Ratio of 4.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

More latest stories: here