TNGMF
Price:
$0.102
Market Cap:
$1.58M
TGX Energy & Resources Inc. engages in the exploration and evaluation of natural resource properties in Canada. It owns interests in the True Blue Property that consists of 303 mining claims located in the Watson Lake Mining District; and Nabikok Property, which consists of 155 claims located in the Abitibi region of northwestern Quebec. The company was formerly known as True North Gems Inc. and changed its name to TGX Energy & Resources Inc. in August 2024. The company was incorporated in 2001 and is based in Vancouver, Canada.
Industry
Other Precious Metals
IPO Date
2018-08-24
Stock Exchange
OTC
Ticker
TNGMF
According to TGX Energy & Resources Inc.’s latest financial reports and current stock price. The company's current ROE is 5.32%. This represents a change of 299.59% compared to the average of 1.33% of the last 4 quarters.
The mean historical ROE of TGX Energy & Resources Inc. over the last ten years is 9.09%. The current 5.32% ROE has changed -41.51% with respect to the historical average. Over the past ten years (40 quarters), TNGMF's ROE was at its highest in in the December 2022 quarter at 10.84%. The ROE was at its lowest in in the March 2023 quarter at 0.52%.
Average
9.09%
Median
5.93%
Minimum
-1.81%
Maximum
27.15%
Discovering the peaks and valleys of TGX Energy & Resources Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 133.07%
Maximum Annual ROE = 27.15%
Minimum Annual Increase = -1597.37%
Minimum Annual ROE = -1.81%
| Year | ROE | Change |
|---|---|---|
| 2024 | 5.24% | 133.07% |
| 2023 | 2.25% | -85.11% |
| 2022 | 15.11% | 128.37% |
| 2021 | 6.62% | -75.62% |
| 2020 | 27.15% | -1597.37% |
The current ROE of TGX Energy & Resources Inc. (TNGMF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
7.54%
5-year avg
11.27%
10-year avg
9.09%
TGX Energy & Resources Inc.’s ROE is greater than Riverside Resources Inc. (-15.62%), greater than Silver North Resources Ltd. (-12.50%), greater than Silver Range Resources Ltd. (-54.49%), greater than Clean Air Metals Inc. (-7.37%), greater than Stornoway Diamond Corporation (-75.84%), less than Storm Exploration Inc. (186.98%), less than Q-Gold Resources Ltd. (50.49%), greater than Condor Resources Inc. (-34.82%), less than Archon Minerals Limited (52.65%), greater than Silver Dollar Resources Inc. (-6.80%),
| Company | ROE | Market cap |
|---|---|---|
| -15.62% | $11.13M | |
| -12.50% | $15.13M | |
| -54.49% | $9.84M | |
| -7.37% | $10.77M | |
| -75.84% | $92.77K | |
| 186.98% | $8.00M | |
| 50.49% | $10.04M | |
| -34.82% | $21.77M | |
| 52.65% | $9.63M | |
| -6.80% | $14.44M |
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How does the current ROE for TGX Energy & Resources Inc. (TNGMF) compare to its historical average?