Tanzanian Gold Corporation (TRX)

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Tanzanian Gold Corporation (TRX) is up 16.2% since the beginning of the year. At $1 per share, TRX is trading 61.8% below its 52-week high of $3. Investors who bought $1,000 worth of TRX shares 5 years ago would now be looking at an investment worth $2,117.

Tanzanian Gold Corporation (TRX) has returned 16.19% so far this year and 217.88% over the past 12 months. Over the last ten years, TRX has returned 9.05% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since May 12, 2005, TRX's average daily return is +0.11%, while the average monthly return is +2.07%. At this rate, an investment would double in approximately 2.8 years.

Historically, 50% of months were positive and 50% were negative. The best month was Dec 2005 with a return of +91.5%, while the worst month was Aug 2016 at -43.2%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 7 months.

On a daily basis, TRX closed higher 46% of trading days. The best single day was Jul 5, 2016 with a return of +53.3%, while the worst single day was Oct 30, 2014 at -37.4%.

Tanzanian Gold Corporation has an annualized alpha of 25.80%, beta of 0.56, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since May 13, 2005.

• This stock participated in 108.24% of S&P 500 Index downside but only 73.06% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.56 may look defensive, but with R2 of 0.02 this stock is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this stock's risk.
• R2 of 0.02 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

TRX ranks 89 for risk / return — in the top 89% of stocks on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Tanzanian Gold Corporation (TRX) and compare them to S&P 500 Index.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Tanzanian Gold Corporation. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Tanzanian Gold Corporation was 97.69%, occurring on Feb 5, 2016. The portfolio has not yet recovered.

The current Tanzanian Gold Corporation drawdown is 87.94%.

The chart below shows the rolling one-month volatility.

The chart below illustrates the trends in the financial health of Tanzanian Gold Corporation over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

The Valuation section provides an overview of how Tanzanian Gold Corporation is priced in the market compared to other companies in the Gold industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.