From Simply Wall Street Teranga Gold Corporation (TSX:TGZ)
Teranga Gold Corporation engages in the exploration, development, production, and sale of gold in West Africa. Formed in 2010, and run by CEO Richard Young, the company currently employs 1,300 people and with the stock’s market cap sitting at CAD CA$397.17M, it comes under the small-cap category.
TGZ’s forecasted bottom line growth is an exceptional triple-digit, driven by an equally strong underlying cash flow from operations growth over the next few years. Profit growth, coupled with operating cash flow expansion, is a positive indication. This is because net income isn’t artificially inflated by unsustainable activities such as one-off cost-reductions expected in the future. This prospective profitability should trickle down to shareholders, with analysts expecting the company to generate a positive return on equity of 7.12%. TGZ’s bullish prospects on both the top and bottom lines make it an interesting stock to invest more time to understand how it can add value to your portfolio.
Full article : https://finance.yahoo.com/news/february-growth-opportunities-questor-technology-160220492.html