TRX Gold Corporation

TRX Gold Corporationverified

TRX

Price:

$0.401799

Market Cap:

$112.33M

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 ROE as of September 2024 (TTM) for TRX Gold Corporation (TRX) is -2.09%

According to TRX Gold Corporation’s latest financial reports and current stock price. The company's current ROE is -2.09%. This represents a change of 271.04% compared to the average of -0.56% of the last 4 quarters.

TRX Gold Corporation (TRX) Historical ROE (quarterly & annually)

How has TRX ROE performed in the past?

The mean historical ROE of TRX Gold Corporation over the last ten years is -31.86%. The current -2.09% ROE has changed -93.44% with respect to the historical average. Over the past ten years (40 quarters), TRX's ROE was at its highest in in the November 2022 quarter at 9.73%. The ROE was at its lowest in in the August 2019 quarter at -127.81%.

Quarterly (TTM)
Annual

Average

-31.86%

Median

-18.40%

Minimum

-156.34%

Maximum

4.17%

TRX Gold Corporation (TRX) ROE by Quarter and Year

Discovering the peaks and valleys of TRX Gold Corporation ROE, 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 = 684.92%

Maximum Annual ROE = 4.17%

Minimum Annual Increase = -187.73%

Minimum Annual ROE = -156.34%

Quarterly (TTM)
Annual
YearROEChange
20234.17%-187.73%
2022-4.76%-26.62%
2021-6.48%-88.66%
2020-57.17%-63.43%
2019-156.34%684.92%
2018-19.92%18.03%
2017-16.87%-54.86%
2016-37.38%87.64%
2015-19.92%402.10%
2014-3.97%-33.97%

TRX Gold Corporation (TRX) Average ROE

How has TRX ROE performed in the past?

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

3-year avg

-2.36%

5-year avg

-44.11%

10-year avg

-31.86%

TRX Gold Corporation (TRX) ROE vs. Peers

How is TRX’s ROE compared to its peers?

TRX Gold Corporation’s ROE is less than Fortitude Gold Corporation (0%), less than New Gold Inc. (5.81%), greater than Galiano Gold Inc. (-2.51%), less than GoldMining Inc. (4.37%), greater than IAMGOLD Corporation (-18.35%), less than null (5.53%),

CompanyROEMarket cap
0%$109.99M
5.81%$2.36B
-2.51%$377.67M
4.37%$186.93M
-18.35%$3.02B
5.53%$0

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