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NYSEAMERICAN:TRX - Tanzanian Gold Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $1.50
  • Forecasted Upside: 167.86 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$0.56
▲ +0.02 (3.70%)
1 month | 3 months | 12 months
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Analyst Price Target for TRX

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$1.50
▲ +167.86% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Tanzanian Gold in the last 3 months. The average price target is $1.50, with a high forecast of $1.50 and a low forecast of $1.50. The average price target represents a 167.86% upside from the last price of $0.56.

Buy

The current consensus among 1 polled investment analysts is to buy stock in Tanzanian Gold.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/14/2019
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/12/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/12/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/10/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/8/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/6/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/7/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/7/2021

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
2/16/2021Alliance Global PartnersInitiated CoverageBuy$1.50
i
(Data available from 5/8/2016 forward)
Tanzanian Gold logo
Tanzanian Gold Corporation engages in the exploration and development of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interests in the Buckreef gold project located in north-central Tanzania; the Kigosi project situated within the Kigosi-Miyabi and Ushirombo greenstone belts in northwestern Tanzania; and the Itetemia gold project located to the southwest of Mwanza in Northern Tanzania. The company was formerly known as Tanzanian Royalty Exploration Corporation and changed its name to Tanzanian Gold Corporation in April 2019. Tanzanian Gold Corporation was incorporated in 1990 and is based in Vancouver, Canada.
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Today's Range

Now: $0.56
$0.55
$0.56

50 Day Range

MA: $0.63
$0.57
$0.68

52 Week Range

Now: $0.56
$0.50
$1.91

Volume

936,313 shs

Average Volume

5,900,532 shs

Market Capitalization

$142.73 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

0.93

Frequently Asked Questions

What sell-side analysts currently cover shares of Tanzanian Gold?

The following sell-side analysts have issued stock ratings on Tanzanian Gold in the last year: Alliance Global Partners.
View the latest analyst ratings for TRX.

What is the current price target for Tanzanian Gold?

1 Wall Street analysts have set twelve-month price targets for Tanzanian Gold in the last year. Their average twelve-month price target is $1.50, suggesting a possible upside of 167.9%. Alliance Global Partners has the highest price target set, predicting TRX will reach $1.50 in the next twelve months. Alliance Global Partners has the lowest price target set, forecasting a price of $1.50 for Tanzanian Gold in the next year.
View the latest price targets for TRX.

What is the current consensus analyst rating for Tanzanian Gold?

Tanzanian Gold currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TRX will outperform the market and that investors should add to their positions of Tanzanian Gold.
View the latest ratings for TRX.

What other companies compete with Tanzanian Gold?

How do I contact Tanzanian Gold's investor relations team?

Tanzanian Gold's physical mailing address is 82 Richmond St E Suite 200, TORONTO, ON M5C 1P1, Canada. The basic materials company's listed phone number is +1-416-8487744 and its investor relations email address is [email protected] The official website for Tanzanian Gold is www.tanzanianroyalty.com.