Teranga Gold Corporation engages in the exploration, development, production, and sale of gold in West Africa. More Details
Reasonable growth potential and fair value.
Share Price & News
How has Teranga Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TGZ is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: TGZ's weekly volatility (9%) has been stable over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: TGZ exceeded the Canadian Metals and Mining industry which returned 35.2% over the past year.
Return vs Market: TGZ exceeded the Canadian Market which returned 0.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Teranga Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StCan You Imagine How Elated Teranga Gold's (TSE:TGZ) Shareholders Feel About Its 440% Share Price Gain?
1 month ago | Simply Wall StWhat Can We Learn About Teranga Gold's (TSE:TGZ) CEO Compensation?
2 months ago | Simply Wall StWhat Is The Ownership Structure Like For Teranga Gold Corporation (TSE:TGZ)?
Is Teranga Gold undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TGZ (CA$13.34) is trading below our estimate of fair value (CA$31.88)
Significantly Below Fair Value: TGZ is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TGZ is poor value based on its PE Ratio (101.2x) compared to the CA Metals and Mining industry average (19.9x).
PE vs Market: TGZ is poor value based on its PE Ratio (101.2x) compared to the Canadian market (15.3x).
Price to Earnings Growth Ratio
PEG Ratio: TGZ is poor value based on its PEG Ratio (2.1x)
Price to Book Ratio
PB vs Industry: TGZ is good value based on its PB Ratio (2.1x) compared to the CA Metals and Mining industry average (2.6x).
How is Teranga Gold forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TGZ's forecast earnings growth (48.1% per year) is above the savings rate (1.7%).
Earnings vs Market: TGZ's earnings (48.1% per year) are forecast to grow faster than the Canadian market (26.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TGZ's revenue (11.6% per year) is forecast to grow faster than the Canadian market (6% per year).
High Growth Revenue: TGZ's revenue (11.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if TGZ's Return on Equity is forecast to be high in 3 years time
How has Teranga Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TGZ has high quality earnings.
Growing Profit Margin: TGZ became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: TGZ's earnings have grown by 7% per year over the past 5 years.
Accelerating Growth: TGZ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: TGZ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Metals and Mining industry (93.2%).
Return on Equity
High ROE: TGZ's Return on Equity (2.9%) is considered low.
How is Teranga Gold's financial position?
Financial Position Analysis
Short Term Liabilities: TGZ's short term assets ($205.7M) do not cover its short term liabilities ($227.3M).
Long Term Liabilities: TGZ's short term assets ($205.7M) do not cover its long term liabilities ($558.9M).
Debt to Equity History and Analysis
Debt Level: TGZ's debt to equity ratio (36.9%) is considered satisfactory.
Reducing Debt: TGZ's debt to equity ratio has increased from 1.5% to 36.9% over the past 5 years.
Debt Coverage: TGZ's debt is well covered by operating cash flow (41.3%).
Interest Coverage: TGZ's interest payments on its debt are well covered by EBIT (3.6x coverage).
What is Teranga Gold current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TGZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TGZ's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TGZ's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TGZ's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TGZ's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Richard Young (56 yo)
Mr. Richard S. Young is the Chief Executive Officer of Teranga Gold Corporation (“Teranga”) since September 6, 2012 and its President since October, 2010. In this role, Mr. Young culminates 25-years of ext...
CEO Compensation Analysis
Compensation vs Market: Richard's total compensation ($USD1.74M) is about average for companies of similar size in the Canadian market ($USD2.07M).
Compensation vs Earnings: Richard's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||8.17yrs||US$907.89k||0.027% |
|Chief Operating Officer||8.08yrs||US$1.13m||0.0029% |
|Senior VP of Corporate Affairs & People and General Counsel||8.67yrs||US$894.25k||0.011% |
|Vice President of Exploration||4.58yrs||US$804.38k||no data|
|Vice President of Investor Relations & Corporate Communications||no data||no data||no data|
|Vice President of Legal Affairs||no data||no data||no data|
|Vice President of Corporate Development||1.5yrs||no data||no data|
|Chief Security Officer||0.67yr||no data||no data|
|Corporate Secretary||1.5yrs||no data||no data|
|Executive Director of Special Projects||8.17yrs||US$422.14k||no data|
|Vice President||no data||no data||0.0060% |
Experienced Management: TGZ's management team is seasoned and experienced (8.1 years average tenure).
|Independent Director||5.08yrs||US$138.19k||0.00060% |
|Lead Independent Director||3.5yrs||US$181.28k||0.012% |
|Non Executive Chairman||9.92yrs||US$310.01k||0.26% |
|Independent Non-Executive Director||10.08yrs||US$151.38k||no data|
|Independent Non-Executive Director||10.08yrs||US$153.27k||0.0012% |
|Independent Non-Executive Director||6.67yrs||US$143.84k||no data|
|Independent Director||0.58yr||no data||no data|
|Independent Director||0.42yr||no data||no data|
Experienced Board: TGZ's board of directors are considered experienced (6.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 55.8%.
Teranga Gold Corporation's company bio, employee growth, exchange listings and data sources
- Name: Teranga Gold Corporation
- Ticker: TGZ
- Exchange: TSX
- Founded: 2010
- Industry: Gold
- Sector: Materials
- Market Cap: CA$2.256b
- Shares outstanding: 167.59m
- Website: https://www.terangagold.com
Number of Employees
- Teranga Gold Corporation
- TD North Tower
- Suite 2110
- M5K 2A1
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TGZ||TSX (The Toronto Stock Exchange)||Yes||New Common Shares||CA||CAD||Nov 2010|
|0TGA||DB (Deutsche Boerse AG)||Yes||New Common Shares||DE||EUR||Nov 2010|
|TGCD.F||OTCPK (Pink Sheets LLC)||Yes||New Common Shares||US||USD||Nov 2010|
|0VKB||LSE (London Stock Exchange)||Yes||New Common Shares||GB||CAD||Nov 2010|
Teranga Gold Corporation engages in the exploration, development, production, and sale of gold in West Africa. The company’s flagship project is the Sabodala gold mine covering an area of 291 square kilome...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 23:58|
|End of Day Share Price||2020/11/24 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.