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Tanzanian Gold Corporation (T:TNX)

Business Focus: Gold Mining

This company is also listed in the United States as TRX on the AMEX. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 82 Richmond St E Suite 200
Tel: N/A
IR: See website
Key People
James E. Sinclair
Chairman of the Board
Stephen Mullowney
Chief Executive Officer
Marco Guidi
Chief Financial Officer
Peter T. Zizhou
General Manager
Donna M. Moroney
Corporate Secretary
Business Overview
Tanzanian Gold Corp is an exploration-stage company and its mining properties are located outside the United States. The Company is a mineral resource company, which engages in the acquisition of interests in and the exploration of natural resource properties in the development of those properties. The Company's principal exploration and development properties are located in the United Republic of Tanzania, Africa. The Company's mineral properties include Buckreef Project, Kigosi Project and Itetemia Property. The Buckreef Project is located in north-central Tanzania immediately to the south of Lake Victoria and 110 kilometer (km) southwest of Mwanza. The project area comprises the dormant Buckreef Gold Mine and four prospects with known mineralization: Buckreef, Buziba, Tembo and Bingwa. The Kigosi Project is located within the Kigosi-Miyabi and Ushirombo greenstone belts in northwestern Tanzania. The Itetemia Gold Project is located 90km southwest of Mwanza in northern Tanzania.
Financial Overview
For the nine months ended 31 May 2021, TanzanianGold Corp revenues was not reported. Net loss decreased 97%to C$354K. Lower net loss reflects Share based paymentsdecrease of 93% to C$287K (expense), Loss on derivative ingold bullion loans decrease from C$2.1M (expense) to C$0K,Interest Accretion decrease from C$649K (expense) to C$0K.
Employees: 11 as of Aug 31, 2020
Reporting Currency: Canadian Dollars
Enterprise value: $156.91M as of May 31, 2021
Annual revenue (TTM): $0.00M as of May 31, 2021
EBITDA (TTM): -$7.45M as of May 31, 2021
Net annual income (TTM): -$2.63M as of May 31, 2021
Free cash flow (TTM): -$22.29M as of May 31, 2021
Net Debt Last Fiscal Year: N/A
Shares outstanding: 254,870,556 as of May 31, 2021
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization