Tanzanian Royalty Exploration Corp (TSE:TNX) Company Profile
Symbol(s): TSE:TNX, NYSEMKT:TRX
Industry: Gold Mining
Website: www.tanzanianroyalty.com
eMail: investors@tanzanianroyaltyexploration.com
Tanzanian Royalty Exploration Corp (TSE:TNX) is a Canadian Gold mining company. It’s a junior near-term producer mainly focused on exploration and development of mineral properties in Tanzania. The company has multiple properties including Buckreef (Mwanza, Tanzania), Itetemia (Mwanza, Tanzania), Luhala (Mwanza, Tanzania) and Ushirombo (Lake Victoria Goldfields, Tanzania).
Tanzanian Royalty Exploration Corp (TSE:TNX) has about 3 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$54.816 per gold equivalent ounce.
Tanzanian Royalty Exploration Corp has US$0.13 million cash and US$2.5 million debt. The company has 197.46 million shares outstanding and as of September 01, 2020, had a market capitalization of US$162.08 million. The stocks of Tanzanian Royalty Exploration Corp trade on the Toronto Stock Exchange and the NYSE MKT Stock Exchange.
Tanzanian Royalty Exploration Corp (TSE:TNX) Share Price Chart
Tanzanian Royalty Exploration Corp (TSE:TNX) Technical Data
Last Updated: September 2, 2020
Tanzanian Royalty Exploration Corp (TSE:TNX) Financial Data
Tanzanian Royalty Exploration Corp (TSE:TNX) Gold Resources
Tanzanian Royalty Exploration Corp (TSE:TNX) Valuation by Resources
* CAD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources