FY2025 EPS Estimates for TRX Gold Reduced by HC Wainwright

TRX Gold Co. (NYSE:TRX - Free Report) - Investment analysts at HC Wainwright reduced their FY2025 EPS estimates for TRX Gold in a research report issued to clients and investors on Wednesday, April 16th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings per share of $0.02 for the year, down from their prior forecast of $0.03. The consensus estimate for TRX Gold's current full-year earnings is $0.04 per share.

Separately, StockNews.com initiated coverage on TRX Gold in a research report on Sunday. They set a "hold" rating on the stock.

TRX Gold Trading Up 0.3 %

TRX traded up $0.00 on Thursday, hitting $0.33. 423,755 shares of the company were exchanged, compared to its average volume of 405,576. The stock has a market capitalization of $93.38 million, a PE ratio of -33.20 and a beta of 0.37. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.51 and a current ratio of 0.83. The firm has a fifty day simple moving average of $0.31 and a two-hundred day simple moving average of $0.33. TRX Gold has a 12 month low of $0.27 and a 12 month high of $0.49.

Institutional Trading of TRX Gold

Hedge funds and other institutional investors have recently bought and sold shares of the business. Rossby Financial LCC bought a new position in shares of TRX Gold during the 4th quarter worth approximately $255,000. BNP Paribas Financial Markets acquired a new stake in shares of TRX Gold in the fourth quarter valued at approximately $120,000. HighTower Advisors LLC raised its position in shares of TRX Gold by 9.6% during the 3rd quarter. HighTower Advisors LLC now owns 334,456 shares of the company's stock valued at $130,000 after buying an additional 29,416 shares during the period. Financial Sense Advisors Inc. lifted its stake in TRX Gold by 24.3% during the fourth quarter. Financial Sense Advisors Inc. now owns 168,483 shares of the company's stock worth $52,000 after purchasing an additional 32,991 shares in the last quarter. Finally, Sprott Inc. increased its position in shares of TRX Gold by 506.7% during the fourth quarter. Sprott Inc. now owns 145,454 shares of the company's stock worth $45,000 after acquiring an additional 121,479 shares during the period. Hedge funds and other institutional investors own 1.06% of the company's stock.

TRX Gold Company Profile

TRX Gold Corporation engages in the exploration, development, and production of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interests in the Buckreef gold project that comprises a single Special Mining License covering an area of 16.04 square kilometers and 12 Prospecting Licenses covering 98.19 square kilometers located in north-central Tanzania.