Comparing Tanzanian Gold (TRX) and Its Peers

Tanzanian Gold (NYSE:TRXGet Rating) is one of 108 public companies in the “Gold & silver ores” industry, but how does it weigh in compared to its peers? We will compare Tanzanian Gold to similar businesses based on the strength of its risk, analyst recommendations, valuation, dividends, institutional ownership, earnings and profitability.

Volatility & Risk

Tanzanian Gold has a beta of 0.76, meaning that its stock price is 24% less volatile than the S&P 500. Comparatively, Tanzanian Gold’s peers have a beta of 1.36, meaning that their average stock price is 36% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Tanzanian Gold and its peers, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tanzanian Gold 0 0 0 0 N/A
Tanzanian Gold Competitors 882 3713 4016 116 2.39

As a group, “Gold & silver ores” companies have a potential upside of 25.40%. Given Tanzanian Gold’s peers higher probable upside, analysts plainly believe Tanzanian Gold has less favorable growth aspects than its peers.

Profitability

This table compares Tanzanian Gold and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Tanzanian Gold N/A -13.38% -10.98%
Tanzanian Gold Competitors -73.60% 3.23% 1.57%

Institutional & Insider Ownership

0.8% of Tanzanian Gold shares are owned by institutional investors. Comparatively, 29.2% of shares of all “Gold & silver ores” companies are owned by institutional investors. 8.0% of shares of all “Gold & silver ores” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Valuation and Earnings

This table compares Tanzanian Gold and its peers gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Tanzanian Gold N/A -$4.00 million -15.50
Tanzanian Gold Competitors $1.65 billion $141.39 million -8.02

Tanzanian Gold’s peers have higher revenue and earnings than Tanzanian Gold. Tanzanian Gold is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Tanzanian Gold peers beat Tanzanian Gold on 9 of the 10 factors compared.

Tanzanian Gold Company Profile (Get Rating)

Tanzanian Gold Corp. along with its joint venture partner, State Mining Corporation of Tanzania (STAMICO), is building a gold project at Buckreef in Tanzania. The company’s Buckreef Project is located in the Geita District of the Geita Region south of Lake Victoria, approximately 110 kilometers southwest of the city of Mwanza, Tanzania. The Buckreef Project comprises over four prospects, namely Buckreef, Bingwa, Tembo and Eastern Porphyry. The company was founded on July 5, 1990 and is headquartered in Toronto, Canada.

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