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Also traded in: Canada, Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash-to-Debt 0.65
AMEX:TRX's Cash-to-Debt is ranked lower than
66% of the 1545 Companies
in the Global Gold industry.

( Industry Median: 291.20 vs. AMEX:TRX: 0.65 )
Ranked among companies with meaningful Cash-to-Debt only.
AMEX:TRX' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02  Med: 20.19 Max: No Debt
Current: 0.65
Piotroski F-Score: 3
Altman Z-Score: 1.05
WACC vs ROIC
29.96%
-10.28%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 4/10

vs
industry
vs
history
ROE % -25.11
AMEX:TRX's ROE % is ranked lower than
70% of the 1395 Companies
in the Global Gold industry.

( Industry Median: -10.31 vs. AMEX:TRX: -25.11 )
Ranked among companies with meaningful ROE % only.
AMEX:TRX' s ROE % Range Over the Past 10 Years
Min: -32.24  Med: -16.14 Max: -3.95
Current: -25.11
-32.24
-3.95
ROA % -19.30
AMEX:TRX's ROA % is ranked lower than
66% of the 1566 Companies
in the Global Gold industry.

( Industry Median: -9.58 vs. AMEX:TRX: -19.30 )
Ranked among companies with meaningful ROA % only.
AMEX:TRX' s ROA % Range Over the Past 10 Years
Min: -24.53  Med: -14.86 Max: -3.56
Current: -19.3
-24.53
-3.56
ROC (Joel Greenblatt) % -17.86
AMEX:TRX's ROC (Joel Greenblatt) % is ranked lower than
58% of the 1487 Companies
in the Global Gold industry.

( Industry Median: -13.76 vs. AMEX:TRX: -17.86 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
AMEX:TRX' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.63  Med: -14.8 Max: -4.92
Current: -17.86
-22.63
-4.92
3-Year EBITDA Growth Rate 51.10
AMEX:TRX's 3-Year EBITDA Growth Rate is ranked higher than
94% of the 1105 Companies
in the Global Gold industry.

( Industry Median: -18.10 vs. AMEX:TRX: 51.10 )
Ranked among companies with meaningful 3-Year EBITDA Growth Rate only.
AMEX:TRX' s 3-Year EBITDA Growth Rate Range Over the Past 10 Years
Min: -23  Med: -0.4 Max: 51.1
Current: 51.1
-23
51.1
3-Year EPS without NRI Growth Rate 58.70
AMEX:TRX's 3-Year EPS without NRI Growth Rate is ranked higher than
93% of the 990 Companies
in the Global Gold industry.

( Industry Median: -20.60 vs. AMEX:TRX: 58.70 )
Ranked among companies with meaningful 3-Year EPS without NRI Growth Rate only.
AMEX:TRX' s 3-Year EPS without NRI Growth Rate Range Over the Past 10 Years
Min: -45  Med: 0 Max: 58.7
Current: 58.7
-45
58.7
GuruFocus has detected 3 Warning Signs with Tanzanian Royalty Exploration Corp $AMEX:TRX.
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» AMEX:TRX's 10-Y Financials

Financials (Next Earnings Date: 2017-07-20 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

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Guru Trades

Q1 2016

TRX Guru Trades in Q1 2016

Jim Simons 82,100 sh (New)
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Q2 2016

TRX Guru Trades in Q2 2016

Jim Simons 93,900 sh (+14.37%)
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Q3 2016

TRX Guru Trades in Q3 2016

Jim Simons 19,200 sh (-79.55%)
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Q4 2016

TRX Guru Trades in Q4 2016

Jim Simons 99,424 sh (+417.83%)
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Business Description

Industry: Metals & Mining » Gold    NAICS: 212221    SIC: 611
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Traded in other countries:TNX.Canada, TRG.Germany,
Headquarter Location:Canada
Tanzanian Royalty Exploration Corp is a mineral resource company with exploration stage properties, which engages in the acquisition of interests in & the exploration of natural resource properties & the development of those properties where warranted.

Tanzanian Royalty Exploration Corporation was incorporated in the Province of Alberta on July 5, 1990. The name was changed to Tan Range Exploration Corporation on August 13, 1991. The name of the Company was again changed to 'Tanzanian Royalty Exploration Corporation' on February 28, 2006. The Company is a mineral resource company, which is engaged in the acquisition of interests in and the exploration of natural resource properties. Its general area of interest has been in the exploration of gold properties, with main focus on exploring for gold properties in Tanzania. Its main exploration properties are currently all located in the United Republic of Tanzania, Africa. The Company holds mineral properties in Tanzania's Lake Victoria Greenstone belt and Kabanga/Kagera Nickel Belt regions. The Company's funds its activities by way of the sale and issuance of its securities to accredited investors. It also obtains operating funds through sales of and options to sell its mineral property interests to other parties, retaining a royalty interest. Its mineral interests in Tanzania are initially held under prospecting licenses granted to the Mining Act, 1998 'Tanzania' for a period of up to three years, and are renewable two times for a period of up to two years each. Its competitors include well-capitalized mining companies, independent mining companies. Its operations are subject to existing laws and regulations relating to exploration and development, permitting procedures, safety precautions, property reclamation, employee health and safety, air quality standards, pollution and other environmental protection controls.

Top Ranked Articles about Tanzanian Royalty Exploration Corp

Tanzanian Royalty Exploration Corporation Report - Notification of Testing of the Completed Buckreef Gravity Recovery Circuit for Restart of Production

TORONTO, ONTARIO--(Marketwired - Jun 16, 2016) - Tanzanian Royalty Exploration Corporation (TSX:TNX)(NYSE MKT:TRX) (the "Company") is providing the following report with respect to the Carbon in Leach (CIL) Gold Recovery Plant Installation at Buckreef. During its period of force majeure, the Company was unable to perform many functions. Although we were unable to mine and process our gold bearing material, we were not at a complete standstill. We were able to perform the functions which could be safely undertaken and protected by our security services. During the time out, we began installation of the gravity recovery component of the future CIL plant. Over the course of this week we will begin testing the gravity circuit by processing three different ore types; sulphide, transition and oxide. This testing is to insure that the crushers are set up to effectively process the ore types to the required size and to identify any issues that might need correction or recalibration. Once the material has passed the crushers it will then report to the scrubber where it will be turned into a slurry prior to actual gold recoveries using a simple concentrator and shaking table. This will serve to establish a benchmark of free recoverable gold. Samples of each gold bearing material type will be taken and submitted to Mintech Lab in Mwanza to establish the grade of the material tested. As we are able to resume our processing functions now, we will be able to proceed with the new CIL plant without any significant delay as we make the conversion from our former Carbon in Column (CIC) plant to the new plant. As we complete our testing phase of the gravity recovery component, all indications are that we will have the potential to begin generating steady cash flow. Currently, our plan is to implement the second phase of the CIL expansion from treasury. With the completion of the entire gravity/CIL plant we anticipate experiencing significantly faster production with substantially improved overall rates of recovery. The shorter processing time will be very advantageous and very importantly, the plant will be an environmentally safer and a more responsible solution in our gold processing. There are photos of the new plant available on the Company homepage at: www.tanzanianroyalty.com It is my pleasure to provide operational updates as we move forward. Respectfully submitted, James E. Sinclair, Chief Executive Officer The Toronto Stock Exchange and NYSE Amex Equities have not reviewed and do not accept responsibility for the adequacy or accuracy of this release This news release contains certain forward-looking statements and forward-looking information, including but not limited to that the Company will be able to complete the production ramp up previously disclosed. All statements, other than statements of historical fact, included herein are forward-looking statements and forward-looking information that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time-to-time with the British Columbia, Alberta and Ontario provincial securities regulatory authorities. Certain information presented in this release may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements. Investors are referred to our description of the risk factors affecting the Company contained in our SEC filings including our annual report on Form 20-F and other reports filed with the SEC concerning these risks and uncertainties.





Tanzanian Royalty Exploration Corporation
Investor Relations
1-844-364-1830
www.TanzanianRoyalty.com




Read more...
Tanzanian Royalty Exploration Corporation Report - Lifting Force Majeure

TORONTO, ONTARIO--(Marketwired - Jun 9, 2016) - In March 2016, Tanzanian Royalty Exploration Corporation (TSX:TNX)(NYSE MKT:TRX) (the "Company") declared force majeure under its Joint Venture Agreement for the Re-Development of the Buckreef Gold Mine with State Mining Corporation of Tanzania ("Stamico"). This was appropriate and necessary in order to protect our personnel, property and vested interests in our mines. In our case, over two hundred illegal miners invaded our camp following a controversial speech by a government official. For reference see our news release dated March 3, 2016. The Company thereafter moved to open negotiations with Stamico in order to resolve these issues in Tanzania. The Company consulted counsel and was apprised by counsel that we had a viable avenue of relief in the Canadian Tanzanian Economic Treaty of 2013 ("the Treaty"). The aim of the Treaty is to intensify economic co-operation and promote sustainable development for the mutual benefit of both countries and to create and maintain favourable conditions for investments by investors of one party in the territory of the other party, and includes provisions for the promotion and reciprocal protection of such investments favour the economic prosperity and sustainable development of the two Parties by stimulating investment initiatives. For further information regarding the Treaty, please see: Agreement between the Government of Canada and the Government of the United Republic of Tanzania for the Promotion and Reciprocal Protection of Investments http://www.international.gc.ca/trade-agreements-accords-commerciaux/agr-acc/fipa-apie/tanzania-text-tanzanie.aspx?lang=eng We are a Canadian company that has invested $93,500,000 CDN in Tanzania. Our desire is not to litigate with Tanzania. Our goal is to carry on our corporate business in Tanzania and fulfill our contractual commitments in peace and harmony with the support of the Canadian and Tanzanian governments. The Treaty between the governments is binding on the governments themselves under the auspices of the United Nations. It is in the best interests of the Company to move forward with better government to government relations. We wish to work in harmony. We will endeavour to achieve our goals and work in peace and harmony through this Treaty without huge legal costs to the Company. By invoking its rights under the Treaty, the Company is satisfied that it can safely declare the force majeure situation to be alleviated, and move forward to resolve issues in reliance on this international Treaty between the Governments of Canada and the United Republic of Tanzania. We will make continued progress reports as appropriate and necessary in regard to this matter. Due to these new developments we anticipate an expeditious return to processing and will apprise you accordingly. Respectfully submitted,
James E. Sinclair, Chief Executive Officer The Toronto Stock Exchange and NYSE Amex Equities have not reviewed and do not accept responsibility for the adequacy or accuracy of this release





Tanzanian Royalty Exploration Corporation
Investor Relations
1-844-364-1830
www.TanzanianRoyalty.com




Read more...

Ratios

vs
industry
vs
history
PB Ratio 1.80
TRX's PB Ratio is ranked higher than
60% of the 1388 Companies
in the Global Gold industry.

( Industry Median: 2.03 vs. TRX: 1.80 )
Ranked among companies with meaningful PB Ratio only.
TRX' s PB Ratio Range Over the Past 10 Years
Min: 0  Med: 0 Max: 7.7
Current: 1.8
0
7.7
EV-to-EBIT -7.60
TRX's EV-to-EBIT is ranked lower than
99.99% of the 904 Companies
in the Global Gold industry.

( Industry Median: 20.02 vs. TRX: -7.60 )
Ranked among companies with meaningful EV-to-EBIT only.
TRX' s EV-to-EBIT Range Over the Past 10 Years
Min: -23.97  Med: 0 Max: 0
Current: -7.6
-23.97
0
EV-to-EBITDA -8.01
TRX's EV-to-EBITDA is ranked lower than
99.99% of the 971 Companies
in the Global Gold industry.

( Industry Median: 10.14 vs. TRX: -8.01 )
Ranked among companies with meaningful EV-to-EBITDA only.
TRX' s EV-to-EBITDA Range Over the Past 10 Years
Min: -25.59  Med: 0 Max: 0
Current: -8.01
-25.59
0
Current Ratio 0.49
TRX's Current Ratio is ranked lower than
80% of the 1502 Companies
in the Global Gold industry.

( Industry Median: 2.17 vs. TRX: 0.49 )
Ranked among companies with meaningful Current Ratio only.
TRX' s Current Ratio Range Over the Past 10 Years
Min: 0.08  Med: 6.09 Max: 47.36
Current: 0.49
0.08
47.36
Quick Ratio 0.41
TRX's Quick Ratio is ranked lower than
77% of the 1502 Companies
in the Global Gold industry.

( Industry Median: 1.71 vs. TRX: 0.41 )
Ranked among companies with meaningful Quick Ratio only.
TRX' s Quick Ratio Range Over the Past 10 Years
Min: 0.04  Med: 5.73 Max: 47.36
Current: 0.41
0.04
47.36

Buy Back

vs
industry
vs
history
3-Year Average Share Buyback Ratio -2.60
TRX's 3-Year Average Share Buyback Ratio is ranked higher than
80% of the 1131 Companies
in the Global Gold industry.

( Industry Median: -12.90 vs. TRX: -2.60 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
TRX' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -26.8  Med: -2.8 Max: -1.3
Current: -2.6
-26.8
-1.3

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 1.79
TRX's Price-to-Tangible-Book is ranked higher than
64% of the 1342 Companies
in the Global Gold industry.

( Industry Median: 2.29 vs. TRX: 1.79 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
TRX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93  Med: 6.17 Max: 29.67
Current: 1.79
0.93
29.67
Earnings Yield (Greenblatt) % -13.13
TRX's Earnings Yield (Greenblatt) % is ranked lower than
99.99% of the 1748 Companies
in the Global Gold industry.

( Industry Median: -0.10 vs. TRX: -13.13 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
TRX' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -33.76  Med: 0 Max: 0
Current: -13.13
-33.76
0

More Statistics

EPS (TTM) $ -0.07
Beta1.04
Short Percentage of Float3.30%
52-Week Range $0.32 - 1.49
Shares Outstanding (Mil)117.68
» More Articles for TRX

Headlines

Articles On GuruFocus.com
Tanzanian Royalty Exploration Corporation Report - Mining License Renewal at the Buckreef Project fo Oct 18 2016 
Tanzanian Royalty Completes Second Tranche of $5 Million Financing for Mining Development Sep 27 2016 
Tanzanian Royalty Exploration Corporation Report - Notification of Testing of the Completed Buckreef Jun 16 2016 
Tanzanian Royalty Exploration Corporation Report - Lifting Force Majeure Jun 09 2016 
Tanzanian Royalty Reports Annual General Meeting Voting Results Mar 21 2016 
Tanzanian Royalty Exploration Corporation Force Majeure-Where from here? Progress Report Mar 03 2016 
Tanzanian Royalty Exploration Corporation Announces Change to Board and Technical Committee Feb 16 2016 
Tanzanian Royalty Announces Change of Auditor Feb 15 2016 
Tanzanian Royalty Exploration Corporation Gratefully Acknowledges and Accepts the Resignation of Jos Feb 09 2016 
Tanzanian Royalty Exploration Corporation: Buckreef Gold Mine Pours Gold Feb 08 2016 

More From Other Websites
Tanzanian Royalty reports 2Q loss Apr 12 2017
Tanzanian Royalty Resources Update on Buckreef Development Project Mar 30 2017
Tanzanian Royalty Unaffected by Tanzanian Government ban on Export Shipments of Gold Concentrate Mar 27 2017
Tanzanian Royalty Announces Management Transition & Realignment to Best Serve Gold Mining Production... Mar 20 2017
Tanzanian Royalty Exploration Corporation Selects J. Streicher & Co. LLC as Its New Designated... Mar 08 2017
Tanzanian Royalty Reports Annual Meeting Voting Results Feb 21 2017
Tanzanian Royalty Exploration Corporation: A Current Review by the CEO, James E. Sinclair Dec 12 2016
Performance of Companies in the Metals and Mining Sector on August 22 Aug 22 2016
Tanzanian Royalty Exploration Corporation Report - Notification of Testing of the Completed Buckreef... Jun 16 2016
Tanzanian Royalty Exploration Corporation Report - Lifting Force Majeure Jun 09 2016
Tissue Regenix Group Plc :TRX-GB: Earnings Analysis: 2016 By the Numbers : May 26, 2016 May 26 2016
Tanzanian Royalty Reports Annual General Meeting Voting Results Mar 21 2016
Tanzanian Royalty Exploration Corporation Force Majeure-Where from here? Progress Report Mar 03 2016
Tanzanian Royalty Exploration Corporation Announces Change to Board and Technical Committee Feb 16 2016
Tanzanian Royalty Announces Change of Auditor Feb 15 2016
Tanzanian Royalty Exploration Corporation Gratefully Acknowledges and Accepts the Resignation of... Feb 09 2016

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