Tanzanian Gold Corporation logo
Tanzanian Gold Corporation TRX
$ 1.58 3.27%

Annual report 2021
added 08-19-2023

report update icon

Tanzanian Gold Corporation Gross Profit 2011-2026 | TRX

Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.

Calculation formula:
Gross Profit = Revenue – Cost of Goods Sold (COGS)

Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
  • Raw materials and supplies
  • Wages of production personnel
  • Depreciation of equipment
  • Transportation and warehousing costs (if directly related to production)
Importance for business:
  • Assessing core business profitability
    If gross profit is declining, it may indicate rising production costs or falling sales.
  • Financial planning
    Gross profit is the basis for calculating other key metrics, such as operating and net profit.
  • Benchmarking against competitors
    Gross profit analysis helps compare the efficiency of different companies within the same industry.
  • Insights into pricing effectiveness
    If gross profit is low, the company may be pricing too low or failing to control costs effectively.
Reasons for a decline in gross profit:
  • Increase in raw material and supply costs
  • Rising production expenses
  • Price reductions due to competition
  • Decrease in sales volume
  • Currency exchange rate fluctuations (for imports/exports)

Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.

Quarterly Gross Profit Tanzanian Gold Corporation

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
- - 4.19 M 1.89 M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
4.19 M 1.89 M 3.04 M

Gross Profit of other stocks in the Gold industry

Issuer Gross Profit Price % 24h Market Cap Country
Sandstorm Gold Ltd. Sandstorm Gold Ltd.
SAND
96 M - - $ 985 M canadaCanada
Almaden Minerals Ltd. Almaden Minerals Ltd.
AAU
-141 K - 1.15 % $ 16.1 M canadaCanada
Kirkland Lake Gold Ltd. Kirkland Lake Gold Ltd.
KL
1.4 B - 1.03 % $ 13 B canadaCanada
Лензолото Лензолото
LNZL
4.78 B - - - russiaRussia
Бурятзолото Бурятзолото
BRZL
2.72 B - - - russiaRussia
Полюс Золото Полюс Золото
PLZL
3.55 B - - - russiaRussia
Селигдар Селигдар
SELG
14.6 B - - - russiaRussia
AngloGold Ashanti Limited AngloGold Ashanti Limited
AU
1.13 B $ 107.42 6.27 % $ 6.82 B south-africaSouth-africa
Yamana Gold Yamana Gold
AUY
1.03 B - -0.68 % $ 7.57 B canadaCanada
Golden Star Resources Ltd. Golden Star Resources Ltd.
GSS
124 M - 0.27 % $ 516 M usaUSA
Gold Standard Ventures Corp Gold Standard Ventures Corp
GSV
-326 K - -3.09 % $ 159 M canadaCanada
Pretium Resources Inc. Pretium Resources Inc.
PVG
221 M - 0.38 % $ 3.17 B canadaCanada
B2Gold Corp. B2Gold Corp.
BTG
1.53 B $ 4.89 3.16 % $ 3.16 B canadaCanada
Eldorado Gold Corporation Eldorado Gold Corporation
EGO
883 M $ 35.63 1.39 % $ 1.56 B canadaCanada
Barrick Gold Corporation Barrick Gold Corporation
GOLD
5.18 B - -2.78 % $ 27.7 B canadaCanada
Galiano Gold Galiano Gold
GAU
66 M $ 2.59 2.78 % $ 137 M canadaCanada
Gold Fields Limited Gold Fields Limited
GFI
1.64 B $ 48.67 5.53 % $ 10.2 B south-africaSouth-africa
Hecla Mining Company Hecla Mining Company
HL
622 M $ 19.54 0.98 % $ 12.7 B usaUSA
Harmony Gold Mining Company Limited Harmony Gold Mining Company Limited
HMY
24.3 B $ 16.57 4.67 % $ 2.12 B south-africaSouth-africa
IAMGOLD Corporation IAMGOLD Corporation
IAG
1.21 B $ 19.67 1.81 % $ 1.02 B canadaCanada
Kinross Gold Corporation Kinross Gold Corporation
KGC
3.72 B $ 33.09 4.58 % $ 5.84 B canadaCanada
Coeur Mining Coeur Mining
CDE
-18.6 M $ 19.72 3.79 % $ 12 B usaUSA
Newmont Corporation Newmont Corporation
NEM
2.58 B $ 118.15 3.04 % $ 131 B usaUSA
Orla Mining Ltd. Orla Mining Ltd.
ORLA
562 M $ 17.73 1.08 % $ 1.08 B canadaCanada
Royal Gold Royal Gold
RGLD
714 M $ 268.17 2.81 % $ 18.6 B usaUSA
Sibanye Stillwater Limited Sibanye Stillwater Limited
SBSW
42.1 B $ 13.18 6.38 % $ 18 B -
Vista Gold Corp. Vista Gold Corp.
VGZ
-52 K $ 1.96 -2.0 % $ 245 M usaUSA
Wheaton Precious Metals Corp. Wheaton Precious Metals Corp.
WPM
586 M $ 140.14 3.03 % $ 62.9 B canadaCanada
SSR Mining SSR Mining
SSRM
171 M $ 35.08 7.64 % $ 7.11 B canadaCanada
International Tower Hill Mines Ltd. International Tower Hill Mines Ltd.
THM
-7.6 K $ 2.46 5.58 % $ 511 M canadaCanada
U.S. Gold Corp. U.S. Gold Corp.
USAU
2.93 M $ 14.75 3.95 % $ 169 M usaUSA
Osisko Gold Royalties Ltd Osisko Gold Royalties Ltd
OR
139 M $ 40.23 0.27 % $ 2.22 B usaUSA
Alamos Gold Alamos Gold
AGI
266 M $ 47.62 2.44 % $ 4.35 B canadaCanada
Agnico Eagle Mines Limited Agnico Eagle Mines Limited
AEM
1.08 B $ 215.59 2.81 % $ 11.2 B canadaCanada
DRDGOLD Limited DRDGOLD Limited
DRD
3.13 B $ 31.04 2.14 % $ 7.95 B south-africaSouth-africa
Franco-Nevada Corporation Franco-Nevada Corporation
FNV
1.35 B $ 265.17 1.45 % $ 25.9 B canadaCanada
Equinox Gold Corp. Equinox Gold Corp.
EQX
643 M $ 15.28 3.38 % $ 1.29 B canadaCanada
Gold Resource Corporation Gold Resource Corporation
GORO
26.8 M $ 1.27 5.83 % $ 174 M usaUSA
NovaGold Resources NovaGold Resources
NG
-15 K $ 9.26 3.93 % $ 3.1 M canadaCanada
New Gold New Gold
NGD
241 M - - $ 660 M canadaCanada
Paramount Gold Nevada Corp. Paramount Gold Nevada Corp.
PZG
-2.56 K $ 1.66 2.47 % $ 113 M usaUSA