TRX Gold Corporation

TRX Gold Corporationverified

TNX.TO

Price:

$0.46

Market Cap:

$92.37M

TRX 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 Gold Corporation and changed its name to TRX Gold Corporation in May 2022. TRX Gold Corporation was incorporated in 1990 and is based in Toronto, Canada.[Read more]

Industry

Gold

IPO Date

2003-02-28

Stock Exchange

TSX

Ticker

TNX.TO

The Current Ratio as of November 2024 (TTM) for TRX Gold Corporation (TNX.TO) is 0.90

According to TRX Gold Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.90. This represents a change of -4.38% compared to the average of 0.94 of the last 4 quarters.

TRX Gold Corporation (TNX.TO) Historical Current Ratio (quarterly & annually)

How has TNX.TO Current Ratio performed in the past?

The mean historical Current Ratio of TRX Gold Corporation over the last ten years is 0.75. The current 0.90 Current Ratio has changed 11.91% with respect to the historical average. Over the past ten years (40 quarters), TNX.TO's Current Ratio was at its highest in in the May 2014 quarter at 6.30. The Current Ratio was at its lowest in in the August 2016 quarter at 0.08.

Quarterly (TTM)
Annual

Average

0.75

Median

0.41

Minimum

0.08

Maximum

2.08

TRX Gold Corporation (TNX.TO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of TRX Gold Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 307.66%

Maximum Annual Current Ratio = 2.08

Minimum Annual Increase = -87.73%

Minimum Annual Current Ratio = 0.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.975.05%
20220.92-55.82%
20212.08307.66%
20200.5163.26%
20190.31215.14%
20180.10-56.27%
20170.23182.73%
20160.08-67.77%
20150.25-87.73%
20142.035.54%

TRX Gold Corporation (TNX.TO) Average Current Ratio

How has TNX.TO Current Ratio performed in the past?

The current Current Ratio of TRX Gold Corporation (TNX.TO) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.32

5-year avg

0.96

10-year avg

0.75

TRX Gold Corporation (TNX.TO) Current Ratio vs. Peers

How is TNX.TO’s Current Ratio compared to its peers?

TRX Gold Corporation’s Current Ratio is less than International Tower Hill Mines Ltd. (14.74), less than NovaGold Resources Inc. (29.83), less than Treasury Metals Inc. (0.90), less than Loncor Gold Inc. (2.24), less than PolyMet Mining Corp. (20.10),

Build a custom stock screener for TRX Gold Corporation (TNX.TO) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like TRX Gold Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

TRX Gold Corporation (TNX.TO) and other stocks custom spreadsheet templates

The easiest way to analyze a company like TRX Gold Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is TRX Gold Corporation's Current Ratio?

How is the Current Ratio calculated for TRX Gold Corporation (TNX.TO)?

What is the highest Current Ratio for TRX Gold Corporation (TNX.TO)?

What is the 3-year average Current Ratio for TRX Gold Corporation (TNX.TO)?

What is the 5-year average Current Ratio for TRX Gold Corporation (TNX.TO)?

How does the current Current Ratio for TRX Gold Corporation (TNX.TO) compare to its historical average?