As of 2024-12-14, the Relative Valuation of Tanzanian Gold Corp (TNX.TO) is (0.17) CAD. This relative valuation is based on P/E multiples. With the latest stock price at 0.50 CAD, the upside of Tanzanian Gold Corp based on Relative Valuation is -134.7%.
The range of the Relative Valuation is (0.18) - (0.14) CAD.
Note: valuation result may not be accurate due to the company's negative earnings.
| Range | Selected | |
| Trailing P/E multiples | 4.2x - 5.7x | 5.0x |
| Forward P/E multiples | 7.3x - 10.8x | 9.0x |
| Fair Price | (0.18) - (0.14) | (0.17) |
| Upside | -136.4% - -128.3% | -134.7% |
| Date | P/E |