Free Trial

StockNews.com Begins Coverage on TRX Gold (NYSE:TRX)

TRX Gold logo with Basic Materials background

StockNews.com initiated coverage on shares of TRX Gold (NYSE:TRX - Free Report) in a report released on Friday morning. The brokerage issued a hold rating on the stock.

Separately, HC Wainwright restated a "buy" rating and issued a $1.40 target price on shares of TRX Gold in a report on Tuesday, July 16th.

Read Our Latest Report on TRX Gold

TRX Gold Trading Up 4.1 %

NYSE:TRX traded up $0.02 during trading hours on Friday, reaching $0.41. 717,140 shares of the company's stock were exchanged, compared to its average volume of 320,483. TRX Gold has a 12 month low of $0.31 and a 12 month high of $0.49. The business's 50-day simple moving average is $0.39 and its two-hundred day simple moving average is $0.42.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TRX Gold stock. Integrity Wealth Solutions LLC acquired a new position in TRX Gold Co. (NYSE:TRX - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 291,000 shares of the company's stock, valued at approximately $113,000. Integrity Wealth Solutions LLC owned 0.10% of TRX Gold as of its most recent filing with the SEC. Institutional investors and hedge funds own 1.06% of the company's stock.

About TRX Gold

(Get Free Report)

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.

Featured Articles

→ Crypto’s next big bull run? (From Weiss Ratings) (Ad)

Should you invest $1,000 in TRX Gold right now?

Before you consider TRX Gold, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TRX Gold wasn't on the list.

While TRX Gold currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Own Before the 2024 Election Cover

Looking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Billionaires Bet Big on Cavco and Champion Homes
3 Momentum Stock Picks With Room to Run
Champion Homes’ 37% Sales Surge: Time to Invest?

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines