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.
Research context
Tanzanian Gold Corporation appears in PyInvesting’s Frankfurt Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- EUR
- Sector
- Basic Materials
- Industry
- Gold
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5 years, 6 months ago
Tanzanian Gold Corporation is currently in a long term downtrend where the price is trading 24.5% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.0.
Tanzanian Gold Corporation's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has increased by 10.1% to $-1M since the same quarter in the previous year.
Finally, its free cash flow fell by 46.9% to $-5M since the same quarter in the previous year.
Based on the above factors, Tanzanian Gold Corporation gets an overall score of 2/5.