TRX Gold (TRX) Stock Price, News & Analysis

Company Overview

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. The company was formerly known as Tanzanian Gold Corporation and changed its name to TRX Gold Corporation in May 2022. TRX Gold Corporation was incorporated in 1990 and is based in Oakville, Canada.

Key Stats

• Today's Range: $0.36 to $0.38
• 50-Day Range: $0.36 to $0.41
• 52-Week Range: $0.31 to $0.49
• Volume: 274,322 shs
• Average Volume: 508,483 shs
• Market Capitalization: $100.38 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $1.58
• Consensus Rating: Buy

TRX Gold Stock Analysis - MarketRank™

TRX Gold scored higher than 54% of companies evaluated by MarketBeat, and ranked 130th out of 190 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

TRX Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

TRX Gold has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 500.00%

Earnings Growth

Earnings for TRX Gold are expected to grow by 500.00% in the coming year, from $0.01 to $0.06 per share.

Price to Book Value per Share Ratio

TRX Gold has a P/B Ratio of 1.64. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TRX.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

TRX Gold does not currently pay a dividend.

Dividend Growth

TRX Gold does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TRX.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.30

News Sentiment

TRX Gold has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.41 average news sentiment score of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for TRX Gold this week, compared to 2 articles on an average week.

Search Interest

Only 1 people have searched for TRX on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

MarketBeat Follows

3 people have added TRX Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, TRX Gold insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.25% of the stock of TRX Gold is held by insiders.

Percentage Held by Institutions

Only 1.06% of the stock of TRX Gold is held by institutions.

TRX Stock Analysis - Frequently Asked Questions

How have TRX shares performed this year?

TRX Gold's stock was trading at $0.3802 on January 1st, 2024. Since then, TRX shares have decreased by 5.3% and is now trading at $0.3599.
View the best growth stocks for 2024 here.

How were TRX Gold's earnings last quarter?

TRX Gold Co. (NYSE:TRX) announced its quarterly earnings results on Friday, July, 12th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.01 by $0.02. The firm had revenue of $10.15 million for the quarter, compared to the consensus estimate of $12.50 million. TRX Gold had a negative trailing twelve-month return on equity of 3.84% and a negative net margin of 3.06%.

Who are TRX Gold's major shareholders?

TRX Gold's top institutional shareholders include HighTower Advisors LLC (0.12%), PFG Investments LLC (0.03%) and Ground Swell Capital LLC (0.03%).
View institutional ownership trends.

How do I buy shares of TRX Gold?

Shares of TRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of TRX Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that TRX Gold investors own include Energy Transfer (ET), Wheaton Precious Metals (WPM), Pan American Silver (PAAS), GW Pharmaceuticals (GWPH), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM) and Black Stone Minerals (BSM).

Company Calendar

• Last Earnings: 7/12/2024
• Today: 11/17/2024
• Fiscal Year End: 8/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & silver ores
• Sub-Industry: Precious Metals
• Current Symbol: NYSE:TRX
• CUSIP: N/A
• CIK: 1173643
• Web: trxgold.com
• Phone: (844) 364-1830
• Fax: 860-799-0350
• Employees: 120
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $1.58
• High Stock Price Target: $1.75
• Low Stock Price Target: $1.40
• Potential Upside/Downside: +337.6%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $2.25 million
• Net Margins: -3.06%
• Pretax Margin: 19.79%
• Return on Equity: -3.84%
• Return on Assets: -2.71%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.77
• Quick Ratio: 0.47

Sales & Book Value

• Annual Sales: $38.32 million
• Price / Sales: 2.62
• Cash Flow: $0.01 per share
• Price / Cash Flow: 27.59
• Book Value: $0.22 per share
• Price / Book: 1.64

Miscellaneous

• Outstanding Shares: 278,920,000
• Free Float: 272,644,000
• Market Cap: $100.38 million
• Optionable: Optionable
• Beta: 0.36