Tanzanian Royalty Exploration Corp (TRX) |
|
0.5575 -0.008 (-1.34%)
|
04-15 02:04 |
|
Open: |
0.565 |
Pre. Close: |
0.5651 |
|
High:
|
0.5799 |
Low:
|
0.5518 |
|
Volume:
|
1,238,544 |
Market Cap:
|
138M |
|
|
|
|
Tanzanian Gold Corporation engages in the exploration and development of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interest in the Buckreef project located in north-central Tanzania; the Kigosi project situated within the Kigosi-Miyabi and Ushirombo greenstone belts in northwestern Tanzania; and the Itetemia gold project located to southwest of Mwanza in Northern 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 founded in 1990 and is based in Toronto, Canada. |
Stock Price Prediction |
Update at 5:00pm EST |
|
If tomorrow:
|
Open lower
|
Open higher
|
|
High:
|
0.581 - 0.585 |
0.585 - 0.587 |
|
Low:
|
0.542 - 0.546 |
0.546 - 0.55 |
|
Close:
|
0.554 - 0.561 |
0.561 - 0.566 |
|
Technical analysis |
as of: 2021-04-14 5:06:35 PM |
|
Overall:
|
 |
| Stoxline posted a SELL today, same as yesterday. Downward movement continues. |
| Target: |
Six months: 0.76 One year: 0.83 |
| Support: |
Support1: 0.55 Support2: 0.46 |
| Resistance: |
Resistance1: 0.65 Resistance2: 0.71 |
| Pivot: |
0.59  |
| Moving Average: |
MA(5): 0.57 MA(20): 0.61
MA(100): 0.66 MA(250): 0.73  |
| MACD: |
MACD(12,26): -0.03 Signal(9): -0.03 |
| Stochastic oscillator: |
%K(14,3): 12.25 %D(3): 17.92 |
| RSI: |
RSI(14): 35.20 |
| 52-week: |
High: 1.91 Low: 0.49 Change(%): 1.4 |
| Average Vol(K): |
3-Month: 799682 10-Days: 106309 |
|
Price, moving averages and Bollinger Bands |
|
Price and moving averages has closed below its Short term moving average. Short term moving average is currently below mid-term; AND below long term moving averages. From the relationship between price and moving averages; we can see that: This stock is BEARISH in short-term; and NEUTRAL in mid-long term.TRX has closed below the lower band by 0.6%. If price is in a downtrend band; this downward trend in price might continue. However a short term pullback inside the band is likely. Bollinger Bands are 66.4% narrower than normal. The narrow width of the bands suggests low volatility as compared to TRX's normal range. The bands have been in this narrow range for 2 bars. This is a sign that the market may be about to initiate a new trend. |
|
|
Headline News |
Thu, 18 Mar 2021
Tanzanian Gold: President Magufuli's Legacy a Global Respect for Tanzania - Junior Mining Network
Sun, 14 Mar 2021
Vista Gold: An Attractive Turnkey Project In Australia - Seeking Alpha
Thu, 11 Feb 2021
Tanzanian Gold raising US$21.4 million for Africa project – Resource World Magazine - Resource World Magazine
Mon, 25 Jan 2021
Tanzanian Gold: Valuation Remains Unattractive Even After The Drop - Seeking Alpha
Tue, 12 May 2020
With This Gold Company Its Time for Investors to Start Looking Forward - Streetwise Reports
Tue, 05 May 2020
PwC to assist project financing for gold mining at Buckreef - GlobeNewswire
|
Financial Analysis |
| Growth |
 |
| Growth measures the growth of both a company's revenue and net income. it tells investors how fast a company is growing. |
| Profitability |
|
| Profitability measures a company’s ability to generate earnings as compared to its expenses and other relevant costs. |
| Solvency |
n/a |
| Solvency measures a company's ability to meet its long-term debts. Acceptable solvency ratios will vary from industry to industry. |
| Efficiency |
 |
| Efficiency measures the strength of a company's return on invested capital. It can identify business that are better managed or not. |
| Price to Book Value: |
Outperform |
Discounted cash flow: |
Outperform |
| Return on Assets: |
Neutral |
Price to Earnings: |
Underperform |
| Return on Equity: |
Neutral |
Debt to Equity: |
Outperform |
|
