Subscribe Now - Click Here:       1 Year for only $149   or   3 months for $99

Category: Junior: Near-term Producer
Rating & Risk: Login to view
Tanzanian Royalty Exploration Corp
www: www.tanzanianroyalty.com     email: m.martin@tanzanianroyalty.com

Profile
Notes
Forum
Your Data

Symbol Data

Symbol Currency
TSE:TNX CAD
NYSE:TRX USD

Description

Tanzanian Royalty Exploration Corp are a gold focused junior near-term producer with one mine in development in Tanzania and exploration properties. They have approximately 2.2Moz. of gold in the reserves and resources category of which 1.5Moz. are in the measured and indicated category. They have a market capitalisation of ~C$55.76M which is a fall of roughly 7% over the last five months. As of 07/04/2018 they have ~C$5M debt and ~C$0.31M cash. They have 123M shares outstanding and trade on the New York Stock Exchange and the Toronto Stock Exchange.

Login or Subscribe to access Don's Summary
Alert me when stock is updated

General Details

Financial 07/04/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Mkt. Cap (FD): $59.94M $55.76M 07/04/2018 $-4.19M
Total Assets: $39.74M $39.74M 07/04/2018 $0.00M
Total Liabilities: $12.47M $12.47M 07/04/2018 $0.00M
Current Assets: $0.94M $0.94M 07/04/2018 $0.00M
Current Liabilities: $8.57M $8.57M 07/04/2018 $0.00M
Total Debt: $4.68M $4.68M 07/04/2018 $0.00M
Cash: $0.31M $0.31M 07/04/2018 $0.00M
Enterprise Value: $64.30M $60.12M 11/27/1971 $-4.19M
Cash Flow: $0.00M $0.00M never $0.00M
Cash Flow Multiple: 0.00 0.00 never 0.00
Net Debt to
Cash Flow Ratio:
n/a n/a never 0.00
Finance within 1 year: Yes Yes 07/04/2018 n/a
Tax Rate: (guess)  30.00% (default)  30.00% 07/04/2018 0.00%
Misc 07/04/2018
Last
Analysis
Data

Current Data

Change
Item Value Value Updated Value
Shares Outstanding: 123,000,000 123,000,000 07/04/2018 0
Shares (FD): 135,000,000 135,000,000 07/04/2018 0
Insider Ownership: n/a n/a never n/a
Company Type: Mostly Gold Mostly Gold never n/a
Production ETA: n/a 01/01/2020 07/04/2018 n/a
Production (Gold Eq Oz.): (guess) 
0
(guess) 
0
07/04/2018 0
Production (Silver Eq Oz.): (guess) 
0
(guess) 
0
07/04/2018 0
Initial CapEx (Outstanding): $32.00M
53.39% of Mkt.Cap
$32.00M
57.39% of Mkt.Cap
07/04/2018 $0.00M
Funding Option: n/a n/a 07/04/2018 n/a
Documentation: none FS 09/09/2018 n/a
Value Adjustment: none none never 0%

Resource Data

GOLD 07/04/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: 1.00M 1.00M 07/04/2018 0.00M
Measured & Indicated: 1.50M 1.50M 07/04/2018 0.00M
Inferred: 0.70M 0.70M 07/04/2018 0.00M
Reserves & Resources: 2.20M 2.20M never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: 0.90M 0.90M 07/04/2018 0.00M
Measured & Indicated: 1.26M 1.26M 07/04/2018 0.00M
Inferred: 0.32M 0.32M 07/04/2018 0.00M
Reserves & Resources: 1.58M 1.58M never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 07/04/2018 $0.00
Extra Operating Cost: n/a n/a 07/04/2018 $0.00
Average Grade: 1.50 g/t 1.50 g/t 07/04/2018 n/a
Recovery Rate: (CG)  90.00% (CG)  90.00% 09/09/2018 0.00%
F
U
T
U
R
E
Proven & Probable: 1.50M 1.50M 07/04/2018 0.00M
Annual Production: 80,000oz. 80,000oz. 07/04/2018 0oz.
Cash Cost: $700 $700 07/04/2018 $0
Extra Operating Cost: $400 $400 07/04/2018 $0
SILVER 07/04/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
O
U
N
C
E
S
T
O
T
A
L
Proven & Probable: n/a n/a 07/04/2018 0.00M
Measured & Indicated: n/a n/a 07/04/2018 0.00M
Inferred: n/a n/a 07/04/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
P
L
A
U
S
I
B
L
E
Proven & Probable: n/a n/a 07/04/2018 0.00M
Measured & Indicated: n/a n/a 07/04/2018 0.00M
Inferred: n/a n/a 07/04/2018 0.00M
Reserves & Resources: n/a n/a never 0.00M
C
U
R
R
E
N
T
Annual Production: n/a n/a 0oz.
Cash Cost: n/a n/a 07/04/2018 $0.00
Extra Operating Cost: n/a n/a 07/04/2018 $0.00
Average Grade: n/a n/a 07/04/2018 n/a
Recovery Rate: n/a n/a 07/04/2018 0.00%
F
U
T
U
R
E
Proven & Probable: n/a n/a 07/04/2018 0.00M
Annual Production: n/a n/a 07/04/2018 n/a
Cash Cost: n/a n/a 07/04/2018 n/a
Extra Operating Cost: n/a n/a 07/04/2018 n/a

Property

Last Analysis Data  (07/04/2018)
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Development Mwanza, Tanzania Buckreef 55% (guess) 20,000 Open Pit show
In 2013 they will complete the feasibility study and attempt to get financing. The PEA calls for 100,000 oz of production for 12 years, which will expand with exploration. Cash costs around $850. I would expect production in 2015.
Exploration Mwanza, Tanzania Itetemia 90% n/a n/a show
In their 5 year production plans.
Exploration Tanzania Kibara 100% n/a n/a n/a
Exploration Tanzania Kigosi 85% 900 Open Pit show
Part of their 5 year production plans.
Exploration Mwanza, Tanzania Luhala 100% n/a n/a n/a
Exploration Tanzania Lunguya 50% n/a n/a n/a
Exploration Tanzania Tembo 100% (guess) n/a Open Pit show
Part of their 5 year production plans.
Exploration Lake Victoria Goldfields, Tanzania Ushirombo 100% n/a n/a n/a
Total Land Package Size (ha): 20,900  
Current Data
Stage Location Name Owned Size (Ha) Type Au Ag Cu Notes
Development Mwanza, Tanzania Buckreef 55% (guess) 20,000 Open Pit show
In 2013 they will complete the feasibility study and attempt to get financing. The PEA calls for 100,000 oz of production for 12 years, which will expand with exploration. Cash costs around $850. I would expect production in 2015.
Exploration Mwanza, Tanzania Itetemia 90% n/a n/a show
In their 5 year production plans.
Exploration Tanzania Kibara 100% n/a n/a n/a
Exploration Tanzania Kigosi 85% 900 Open Pit show
Part of their 5 year production plans.
Exploration Mwanza, Tanzania Luhala 100% n/a n/a n/a
Exploration Tanzania Lunguya 50% n/a n/a n/a
Exploration Tanzania Tembo 100% (guess) n/a Open Pit show
Part of their 5 year production plans.
Exploration Lake Victoria Goldfields, Tanzania Ushirombo 100% n/a n/a n/a
Total Land Package Size (ha): 20,900  

Profitability (by resource)

Proven &
Probable
07/04/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.00M 1.00M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 6.87M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 0.90M 0.90M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 6.18M
Maximum Profit (Gold): $98.53M $87.00M n/a $-11.53M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $98.53M $87.00M n/a $-11.53M
Max Profit / Current MCap: 1.644 1.560 n/a -0.083
Max Profit Per Share (Gold): $0.73 $0.64 n/a $-0.09
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $0.73 $0.64 n/a $-0.09
Total Free Profit Per Share: $0.29 $0.23 n/a $-0.05
FD Mkt. Cap / Gold Eq.: $66.60 $61.95 n/a $-4.65
FD Mkt. Cap / Silver Eq.: $0.85 $0.73 n/a $-0.12
FD Mkt. Cap / Per Metal
as % Spot Price:
5.30% 5.00% n/a -0.30%
Measured &
Indicated
07/04/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 1.50M 1.50M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 10.31M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.26M 1.26M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 8.66M
Maximum Profit (Gold): $137.94M $121.80M n/a $-16.14M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $137.94M $121.80M n/a $-16.14M
Max Profit / Current MCap: 2.301 2.185 n/a -0.117
Max Profit Per Share (Gold): $1.02 $0.90 n/a $-0.12
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.02 $0.90 n/a $-0.12
Total Free Profit Per Share: $0.58 $0.49 n/a $-0.09
FD Mkt. Cap / Gold Eq.: $47.57 $44.25 n/a $-3.32
FD Mkt. Cap / Silver Eq.: $0.61 $0.52 n/a $-0.09
FD Mkt. Cap / Per Metal
as % Spot Price:
3.79% 3.57% n/a -0.21%

Reserves &
Resources
07/04/2018
Last Analysis
Data

Current Data

Change
Item Value Value Updated Value
Percentage Gold: 100.00% 100.00% n/a 0.00%
Percentage Silver: n/a n/a n/a 0.00%
Total (Gold Eq. Oz.): 2.20M 2.20M n/a 0.00M
Total (Silver Eq. Oz.): n/a n/a n/a 15.12M
P

L

A

U

S

I

B

L

E
Gold Eq. Oz.: 1.58M 1.58M n/a 0.00M
Silver Eq. Oz.: n/a n/a n/a 10.82M
Maximum Profit (Gold): $172.43M $152.26M n/a $-20.18M
Maximum Profit (Silver): n/a n/a n/a $0.00M
Total Maximum Profit: $172.43M $152.26M n/a $-20.18M
Max Profit / Current MCap: 2.877 2.731 n/a -0.146
Max Profit Per Share (Gold): $1.28 $1.13 n/a $-0.15
Max Profit Per Share (Silver): n/a n/a n/a $0.00
Total Max Profit Per Share: $1.28 $1.13 n/a $-0.15
Total Free Profit Per Share: $0.83 $0.71 n/a $-0.12
FD Mkt. Cap / Gold Eq.: $38.06 $35.40 n/a $-2.66
FD Mkt. Cap / Silver Eq.: $0.49 $0.42 n/a $-0.07
FD Mkt. Cap / Per Metal
as % Spot Price:
3.03% 2.86% n/a -0.17%

Future Valuation (Cash Flow & Totals)

Login to view

Defaults

We use cookies on this website. By using this site, you agree that we may store and access cookies on your device. Find out more here.     ×
Register for a FREE account
  • Get Don's "Guide to valuing mining stocks", which features as a chapter in his book.
  • Set up stock alerts
  • Join our mailing list (Don's thoughts)*
  • Try out searching, portfolios and other paid features.
* Average email frequency will be no more than 2-3 times per week
Processing

Thank you for registering!

We have sent you an email to verify your address. Please click the link or paste it into your web browser to confirm your subscription and receive your free chapter.