TRX Gold Corporation

TRX Gold Corporationverified

TRX

Price:

$0.3602

Market Cap:

$100.70M

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

2005-05-12

Stock Exchange

AMEX

Ticker

TRX

The Current Ratio as of November 2024 (TTM) for TRX Gold Corporation (TRX) is 0.74

According to TRX Gold Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.74. This represents a change of -15.59% compared to the average of 0.87 of the last 4 quarters.

TRX Gold Corporation (TRX) Historical Current Ratio (quarterly & annually)

How has TRX 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 0.74 Current Ratio has changed 9.75% with respect to the historical average. Over the past ten years (40 quarters), TRX's Current Ratio was at its highest in in the May 2021 quarter at 2.85. 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 (TRX) 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 (TRX) Average Current Ratio

How has TRX Current Ratio performed in the past?

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

3-year avg

1.32

5-year avg

0.96

10-year avg

0.75

TRX Gold Corporation (TRX) Current Ratio vs. Peers

How is TRX’s Current Ratio compared to its peers?

TRX Gold Corporation’s Current Ratio is less than Fortitude Gold Corporation (0), less than New Gold Inc. (11.62), less than Galiano Gold Inc. (1.42), less than GoldMining Inc. (1.97), less than IAMGOLD Corporation (4.19), less than null (0.89),

CompanyCurrent RatioMarket cap
0$131.74M
11.62$2.24B
1.42$383.05M
1.97$170.02M
4.19$3.25B
0.89$0

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