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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$46.09M which is a fall of roughly 30% over the last nine months. As of 05/31/2017 they have ~C$3M debt and ~C$1.35M cash. They have 119M shares outstanding and trade on the NYSE Mkt Stock Exchange and the Toronto Stock Exchange.
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Profitability (by resource)
Future Valuation (Cash Flow & Totals)
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On 6/1/2013, the CEO of Tanzanian Resources (Jim Sinclair) gave his company a projected future stock price of $44 at a London talk.
Gold Price (last analysis) ($)
Silver Price (last analysis) ($)
Stock Price (last analysis) ($)
1 Yr Stock Price High ($)
Stock Price Change From 1 Yr High (%)
Stock Price USA 5-Year High ($) (including date)
8.48 - 7/10/2006
Stock Price USA 5-Year Low ($) (including date)
35 Cents - 5/19/2015
This is Jim Sinclair's company. He has a lot of experience, although he does not have a company presentation or a good website.
Local Issues (wag)
Good relations with the government,which has a substantial stake in the company.
Mostly 85%, but only 55% of Buckreef.
Country of Incorporation
7 properties. The 55% JV Buckreef project has 2.5 million oz and is expanding. The other projects are mostly early exploration, although they have a 5 year plan to bring 3 projects into (or close to) production:
Shareholder Friendly (wag)
Could get diluted to build their first 3 mines.
Ore Grade (wag)
high grade narrow widths
5/24/2017: Increased rating from 2.5 to 3 after they released their feasibility study.
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