TRX - Tanzanian Gold Corporation

NYSE American - Nasdaq Real Time Price. Currency in USD
0.8700
+0.0299 (+3.56%)
At close: 3:59PM EDT
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Previous Close0.8401
Open0.8657
Bid0.8100 x 800
Ask0.8700 x 800
Day's Range0.8250 - 0.8752
52 Week Range0.2500 - 1.2000
Volume251,941
Avg. Volume286,304
Market Cap126.701M
Beta (3Y Monthly)2.56
PE Ratio (TTM)N/A
EPS (TTM)-0.0460
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire

    Tanzanian Gold Corporation Announces Public Offering of Common Shares

    Tanzanian Gold Corporation, (TNX.TO) (NYSE American:TRX) (the “Company”) announced today that it has commenced an underwritten public offering of up to 4,000,000 Common Shares at $0.75 per share.  R.F. Lafferty Co., Inc. is acting as underwriter to offer and sell the Common Shares on a “best efforts” basis.  The Company intends to use the net proceeds from the offering in furtherance of a deep underground geophysical survey and the continuation and completion of Phase II drilling at the Buckreef Project.  Importantly, proceeds will also be used for the further construction of the resource-geology model and overall gold resource assessment at the Buckreef Project. The offering will be made pursuant to the Company's existing effective shelf registration statement, previously filed with the Securities and Exchange Commission.

  • GlobeNewswire

    Buckreef Resource-Geology Model Update

    Tanzanian Gold Corporation’s, (TNX.TO) (NYSE American:TRX) (the “Company”) Board of Directors is pleased to announce the start of a geophysical survey at the Buckreef Property. Exploration Geophysics Pty Ltd has arrived on site and has commenced down-the-hole wireline geophysical surveys of holes drilled earlier this year. The initial phase of the geophysical survey is based on 10 holes with a survey length of about 3,620m.

  • GlobeNewswire

    Tanzanian Gold Announces Closing of Placement of Common Shares in the amount of $1,111,500

    Tanzanian Gold Corporation (TNX.TO) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce the closing of the placement of 1,916,379 common shares at US$0.58 per share raising $1,111,500 in the aggregate with certain investors as previously announced in its press release of June 26, 2019.   The proceeds from the placement of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project previously announced. As  Mr. James E. Sinclair,  Executive Chairman (TRX) has previously commented, “The systematic drilling we are doing below the pit bottom has, to date, yielded exceptionally robust results," noted Mr. Sinclair.

  • GlobeNewswire

    Tanzanian Gold Announces Registered Direct Placement of Common Shares in the amount of $1,111,500

    Tanzanian Gold Corporation (TNX.TO) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce the entering into subscription agreements for the registered direct placement of 1,916,379 common shares at US$0.58 per share raising $1,111,500 in the aggregate with certain investors. The Company has continued to raise funds as needed to expand our gold deep drilling program now in phase II and the Ultra Deep drilling in Phase III.

  • GlobeNewswire

    Tanzanian Gold Announces Further Results From Drilling Below Pit Bottom Highlights Include 63m @ 4.8 g/t Au incl 22m @ 9.3 g/t Au that incl 2m @ 31.1 g/t Au

    Tanzanian Gold Corporation’s, (TNX.TO) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce results from the third hole, Hole L19-2, of the Phase II drilling program. The intersections reported here are a down-hole length and may not represent true width but the true width is estimated to be 50 – 60%.

  • GlobeNewswire

    Tanzanian Gold Announces End of Phase I In-Pit Drilling Program

    Highlights within the pit include 29.6m @ 2.8 g/t Gold incl. 1.0m @ 19 g/t Gold and Highlights Outside and Below the pit include 89.6m @ 1.5 g/t Gold incl. TORONTO, May 30, 2019 (GLOBE NEWSWIRE) -- Tanzanian Gold Corporation (TNX.TO) (NYSE American:TRX) (the "Company”) is pleased to announce results from three holes that bring to an end Phase I of the in-pit drilling program.

  • GlobeNewswire

    Tanzanian Gold Announces Closing of the Sale of $1,530,700 in Common Shares

    TORONTO, May 03, 2019 -- Tanzanian Gold Corporation’s, (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce that it has completed the sale.

  • GlobeNewswire

    Tanzanian Gold Announces US ATM Offering of Up to US$3.0 Million

    Tanzanian Gold Corporation (TNX.TO) (NYSE American:TRX) (the "Company”) announces that under its base shelf prospectus dated September 5, 2018, it may distribute common shares from time to time through R. F. Lafferty & Co., Inc. (the “Agent”), as agent or as principal, pursuant to a sales agreement currently in effect with the Agent for the distribution of the offered shares in the United States up to the aggregate sales amount of US$3.0 million, in accordance with the terms of the sales agreement with the Company. The offering is being made in the United States under the terms of a registration statement on Form F-3 (SEC File No. 333-226949) filed and effective with the United States SEC, and a prospectus supplement dated May 2, 2019.

  • GlobeNewswire

    Tanzanian Gold Announces Drill Results From Below the Open Pit at Buckreef including 1.0m @ 50.54g/t Gold and 1.2m @ 12.82g/t Gold in 21.3 meters of robust mineralization

    Tanzanian Gold Corporation is pleased to announce the first set of assay results from its deep level diamond core drilling program at the Buckreef Project, aimed at better defining potential mineralized zones below the open pit as reported and published in the June 2018 Pre-Feasibility 43-101 Technical Report. Infill drilling within the open pit is continuing, highlights from which are also announced.

  • GlobeNewswire

    Tanzanian Gold Announces the Sale of Common Shares of $1,530,700

    Tanzanian Gold Corporation’s, formerly known as Tanzanian Royalty Exploration Corporation (TNX.TO) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce the entering into subscription agreements for the sale of 2,316,084 common shares at $0.6609 per share raising $1,530,700 in the aggregate with certain  investors. The proceeds from the sale of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project previously announced. The common shares are being offered pursuant to an effective shelf registration statement on Form F-3, which was previously filed with the Securities and Exchange Commission and declared effective on September 5, 2018.  The sale of the common shares is expected to close on or around May 2, 2019, subject to the satisfaction of customary closing conditions, including acceptance of the listing of the common shares by the NYSE American and the Toronto Stock Exchange.

  • GlobeNewswire

    Tanzanian Gold Announces Closing of the Sale of $350,000 in Common Shares

    TORONTO, April 23, 2019 -- Tanzanian Gold Corporation’s, formerly known as Tanzanian Royalty Exploration Corporation (TSX:TNX) (NYSE American:TRX) (the “Company’s”) Board of.

  • GlobeNewswire

    Tanzanian Gold Announces the Sale of Common Shares of $350,000

    Tanzanian Gold Corporation’s, formerly known as Tanzanian Royalty Exploration Corporation (TNX.TO) (NYSE American:TRX) (the “Company’s”) Board of Directors is pleased to announce the entering into subscription agreements for the sale of 606,165 common shares at $0.5774 per share raising $350,000 in the aggregate with three investors. The proceeds from the sale of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project previously announced. The common shares are being offered pursuant to an effective shelf registration statement on Form F-3, which was previously filed with the Securities and Exchange Commission and declared effective on September 5, 2018.  The sale of the common shares is expected to close on or before on  April 22, 2019, subject to the satisfaction of customary closing conditions, including acceptance of the listing of the common shares by the NYSE American and the Toronto Stock Exchange.

  • GlobeNewswire

    Tanzanian Royalty Changes Name to Tanzanian Gold Corporation

    The Company’s common shares will commence trading under the new name on April 22, 2019 on the TSX under the same trading symbol “TNX” and on the NYSE AMERICAN under the same trading symbol “TRX”. Common share certificates bearing the previous company name “Tanzanian Royalty Exploration Corporation” continue to be valid in the settlement of trades in common shares.

  • GlobeNewswire

    Tanzanian Royalty Announces New Results From Upgrade Drilling at Buckreef

    TORONTO, March 25, 2019 -- Tanzanian Royalty Exploration Corporation (TSX:TNX)(NYSE MKT:TRX) is pleased to announce further assay results from its on-going infill reverse.

  • GlobeNewswire

    Tanzanian Royalty Reports Annual Meeting Voting Results

    TORONTO, March 22, 2019 -- Tanzanian Royalty Exploration Corporation (TSX:TNX)(NYSE MKT:TRX) (the "Company") announces the voting results from its 2019 annual and special.

  • GlobeNewswire

    Tanzanian Royalty Announces 2019 Annual Meeting Presentation is Now Available on the Corporate Website

    Tanzanian Royalty Exploration Corporation (hereinafter, “The Company”) (TNX.TO) (NYSE MKT:TRX) is pleased to announce that it has posted on the company website a video presentation from the 2019 AGM by Ulrich Rath, Technical Director, about the Buckreef Project and the dual objective drill program currently underway. Certain of the statements made herein may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.

  • Top 3 Gold Penny Stocks as of February 2019
    Investopedia

    Top 3 Gold Penny Stocks as of February 2019

    The gold industry is a capital-intensive space comprised of companies involved in different steps of the production process, including exploration, development and full-fledged mining. The gold industry has long been viewed as a safe haven in times of geopolitical uncertainty, as gold investments have been used for both portfolio diversification and as a hedge against US currency weakness and high inflation. Gold was one of the first storehouses of value, and is an important mined commodity.

  • GlobeNewswire

    Tanzanian Royalty Announces Closing of the Sale of $281,000 in Common Shares

    TORONTO, March 04, 2019 -- Tanzanian Royalty Exploration Corporation's (TSX:TNX) (NYSE AMERICAN:TRX) (the "Company’s”) Board of Directors is pleased to announce that it has.

  • GlobeNewswire

    Tanzanian Royalty Announces Adjournment of Annual Meeting of Shareholders

    Tanzanian Royalty Exploration Corporation (hereinafter, “The Company”) (TNX.TO) (NYSE MKT:TRX) announced that today’s 2019 Annual General and Special Meeting of Shareholders, was adjourned due to the fact that the percentage of shareholders participating in the proxy vote totaled approximately 14%, thereby not reaching the quorum of 20% required to conduct business. Company management noted that of the votes received, all measures requiring a for/against vote received a “For” vote of over 98%. If you have any questions concerning the 2019 Annual General and Special Meeting and you are the stockholder of record of your shares, please contact the company by email at m.martin@tanzanianroyalty.com or by phone at 860-248-0999.

  • GlobeNewswire

    Tanzanian Royalty Announces Results From First Hole of Upgrade Drilling at Buckreef Intersects 8m @ 2.32g/t gold and 11m @3.06g/t Au

    Tanzanian Royalty Exploration Corporation (hereinafter, “The Company”) (TNX.TO) (NYSE MKT:TRX) is pleased to announce new assay results from its recently commenced infill reverse circulation (RC) drill program at the Buckreef Main prospect at its Buckreef Project, aimed at upgrading the known Mineral resources from Inferred to Indicated and Indicated to Measured categories within the open pit that is the basis for the June 2018 Pre-Feasibility 43-101 Technical Report. The upper mineralization zone comprises intensely altered basaltic schist with 20% vein quartz chips while the lower intercept also comprises altered basaltic schist but with

  • GlobeNewswire

    Tanzanian Royalty Announces the Sale of Common Shares of $281,000

    Tanzanian Royalty Exploration Corporation's (TNX.TO) (NYSE MKT:TRX) (the "Company’s”) Board of Directors is pleased to announce the entering into subscription agreements for the sale of 625,557 common shares at $0.4492 per share raising $281,000 in the aggregate with three investors. The proceeds from the sale of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project previously announced. The common shares are being offered pursuant to an effective shelf registration statement on Form F-3, which was previously filed with the Securities and Exchange Commission and declared effective on September 5, 2018.  The sale of the common shares is expected to close on or before on March 1, 2019, subject to the satisfaction of customary closing conditions, including acceptance of the listing of the common shares by the NYSE American and the Toronto Stock Exchange.

  • GlobeNewswire

    Tanzanian Royalty Updates Progress on Phase One Drilling Program

    Tanzanian Royalty Exploration Corporation (hereinafter, “The Company”) (TNX.TO) (NYSE MKT:TRX) is pleased to announce our contractors Coreworthy and STAMICO are on-site, and the drills are turning. In early 2016, in conjunction with our first gold pour, the Company was deemed a commercial gold producer by the Tanzanian Government.

  • GlobeNewswire

    Tanzanian Royalty Announces Closing of the Sale of Common Shares

    Tanzanian Royalty Exploration Corporation's (TNX.TO) (NYSE MKT:TRX) (the "Company’s”) Board of Directors is pleased to announced that the Company has completed the sale of 3,924,386 common shares raising $885,734 in the aggregate previously announced in its press release of January 12, 2019. The proceeds from the sale of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project. Certain of the statements made herein may contain forward-looking statements or information within the meaning of the United States Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws.

  • GlobeNewswire

    Tanzanian Royalty Announces the Sale of Common Shares of $885,734

    Tanzanian Royalty Exploration Corporation's (TNX.TO) (NYSE MKT:TRX) (the "Company’s”) Board of Directors is pleased to announce the entering into subscription agreements for the sale of 3,924,386 common shares raising $885,734 in the aggregate with two investors. The proceeds from the sale of common shares will be used in furtherance of the Company’s Three-Phase Drill Program at the Buckreef Project previously announced. The common shares are being offered pursuant to an effective shelf registration statement on Form F-3, that was previously filed with the Securities and Exchange Commission and declared effective on September 5, 2018.

  • Associated Press

    Tanzanian Royalty: Fiscal 1Q Earnings Snapshot

    On a per-share basis, the Toronto-based company said it had a loss of 2 cents. The company's shares closed at 32 cents. A year ago, they were trading at 41 cents. _____ This story was generated by Automated ...