Electronic – the right-most component in this picture

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I'm reverse engineering an old RF transmitter circuit and I can't seem to figure out if the right-most component is a 3 band resistor (+/- 20%) or a capacitor (as the label on the board would indicate).

If it is a resistor, my best guess is that it is 380 ohms. Otherwise, I'm completely at a loss.

Best Answer

It is a Small Disk Capacitor and it's value is 48pF (Yellow, Gray, Black)

More info at: https://www.electronics-tutorials.ws/capacitor/cap_5.html