TRG0 Stock Chart & Stats
€1.15
<€0.01(0.73%)
At close: 4:00 PM EST
€1.15
<€0.01(0.73%)
Day’s Range― - ―
52-Week Range€0.26 - €2.02
Previous CloseN/A
Volume0.00
Average Volume (3M)263.00
Market Cap
€223.54M
Enterprise Value€395.49M
Total Cash (Recent Filing)€35.53M
Total Debt (Recent Filing)€6.31M
Price to Earnings (P/E)―
Beta0.72
Next Earnings
Jul 21, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.10
Shares Outstanding325,931,670
10 Day Avg. Volume210
30 Day Avg. Volume263
Financial Highlights & Ratios
PEG Ratio-0.65
Price to Book (P/B)2.01
Price to Sales (P/S)1.97
P/FCF Ratio44.71
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€2.06Price Target Upside78.97% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)<0.01
Revenue Forecast (FY)€111.13M
Bulls Say, Bears Say
Bulls Say
Low Leverage Balance SheetExtremely low leverage (debt-to-equity ~0.05) gives durable financial flexibility, lowering refinancing and liquidity risk. This balance-sheet strength supports funding of expansion from operations or modest credit, and provides a buffer against commodity or operational shocks over the medium term.
Improving Cash GenerationSustained positive operating cash flow and a return to positive free cash flow indicate improving cash conversion and internal funding ability. This reduces reliance on equity financings, supports capex for scaling, and improves resilience to cyclical downturns if maintained.
Operational Scale-Up & High MarginsRecord quarterly production, high gross margin (62%) and a large ROM stockpile enhance near-term throughput visibility and revenue predictability. These operational strengths support planned mill expansion economics and suggest sustainable operating profitability as capacity and recoveries improve.
Bears Say
Thin & Volatile Net EarningsNet margins remain very thin despite strong operating profit, reflecting non-operating costs or one-offs that compress bottom-line returns. Limited net-income buffers increase sensitivity to cost inflation or gold-price declines and constrain internal retained earnings for growth over the medium term.
Expansion Execution / Timing RiskThe planned 3,500 tpd circuit relies on long‑lead equipment and complex construction. Schedule slippage or supply-chain delays would defer capacity gains, postpone projected cost savings and incremental cash flows, and could raise capital or operating costs, materially affecting multi-year growth plans.
Government / JV Negotiation UncertaintyOngoing government and JV negotiations create structural political and contractual risk. Changes to JV terms or delays in capital contributions can alter project economics, timing of development activities and ownership of future cash flows, posing a durable governance and execution risk in-country.
Tanzanian Royalty Exploration News
TRG0 FAQ
What was Tanzanian Royalty Exploration’s price range in the past 12 months?
Tanzanian Royalty Exploration lowest stock price was €0.26 and its highest was €2.02 in the past 12 months.
What is Tanzanian Royalty Exploration’s market cap?
Tanzanian Royalty Exploration’s market cap is €223.54M.
When is Tanzanian Royalty Exploration’s upcoming earnings report date?
Tanzanian Royalty Exploration’s upcoming earnings report date is Jul 21, 2026 which is in 10 days.
How were Tanzanian Royalty Exploration’s earnings last quarter?
Tanzanian Royalty Exploration released its earnings results on Apr 15, 2026. The company reported -€0.047 earnings per share for the quarter, missing the consensus estimate of €0.03 by -€0.077.
Is Tanzanian Royalty Exploration overvalued?
According to Wall Street analysts Tanzanian Royalty Exploration’s price is currently Undervalued.
Does Tanzanian Royalty Exploration pay dividends?
Tanzanian Royalty Exploration does not currently pay dividends.
What is Tanzanian Royalty Exploration’s EPS estimate?
Tanzanian Royalty Exploration’s EPS estimate is 0.03.
How many shares outstanding does Tanzanian Royalty Exploration have?
Tanzanian Royalty Exploration has 325,931,670 shares outstanding.
What happened to Tanzanian Royalty Exploration’s price movement after its last earnings report?
Tanzanian Royalty Exploration reported an EPS of -€0.047 in its last earnings report, missing expectations of €0.03. Following the earnings report the stock price went up 0.775%.
Which hedge fund is a major shareholder of Tanzanian Royalty Exploration?
Currently, no hedge funds are holding shares in DE:TRG0
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tanzanian Royalty Exploration Stock Smart Score
Neutral
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
€2.06 (78.97% Upside)
€2.06 (78.97% Upside)
Blogger Sentiment
Bullish
DE:TRG0 Sentiment 70%
Sector Average 72%
Sector Average 72%
Insider Transactions
Sold Shares
Worth €99.2K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
135.11%
12-Months-Change
Fundamentals
Return on Equity
-35.56%
Trailing 12-Months
Asset Growth
48.36%
Trailing 12-Months
Company Description
Tanzanian Royalty Exploration
TRX Gold Corporation is engaged in the exploration, development, and production of mineral resources, operating exclusively within Tanzania. Its core asset is the Buckreef Gold Project, also situated in Tanzania. The company, originally established in 1990, rebranded from Tanzanian Gold Corporation to TRX Gold Corporation in May 2022. Its corporate headquarters are located in Oakville, Canada.
TRG0 Earnings Call
Q2 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presented multiple clear operational and financial achievements: record quarterly production, record realized prices, strong revenue, high gross margin (62%), healthy adjusted EBITDA (> $20M for the quarter and annualized > $80M), robust cash and working capital, a sizeable ROM stockpile, an active and prioritized exploration program, and a funded expansion plan with procurement underway. Key near-term headwinds include elevated processing reagent costs (being addressed by an oxygen plant), supply‑chain and construction timing risk for the planned mill expansion, deferral of the main underground plan driven by pit deepening, and ongoing government/JV negotiation uncertainty. Management reiterated guidance, confirmed the capital structure is clean, and emphasized funding expansion from cash flow rather than heavy dilution. On balance, the positive operational momentum, strong quarter-over-quarter performance and clear growth pathway outweigh the listed risks.View all DE:TRG0 earnings summariesTRG0 Stock 12 Month Forecast
Average Price Target
€2.06
▲(78.97% Upside)
Technical Analysis
Vista Gold
―
Banyan Gold
―
Radisson Mining Resources
―
GoldMining
―
Sitka Gold Corp.
―
Options Prices
Currently, No data available
---











