Investment analysts at StockNews.com began coverage on shares of TRX Gold (NYSE:TRX - Get Free Report) in a research note issued on Saturday. The firm set a "hold" rating on the stock.
Separately, HC Wainwright reiterated a "buy" rating and issued a $1.40 target price on shares of TRX Gold in a research note on Tuesday, July 16th.
View Our Latest Stock Analysis on TRX
TRX Gold Stock Up 2.5 %
TRX stock traded up $0.01 during midday trading on Friday, hitting $0.42. The stock had a trading volume of 510,363 shares, compared to its average volume of 327,744. The company's 50-day moving average price is $0.40 and its 200 day moving average price is $0.42. TRX Gold has a 12-month low of $0.31 and a 12-month high of $0.49.
Hedge Funds Weigh In On TRX Gold
An institutional investor recently bought a new position in TRX Gold stock. Integrity Wealth Solutions LLC acquired a new position in shares of TRX Gold Co. (NYSE:TRX - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund 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 SEC filing. Hedge funds and other institutional investors own 1.06% of the company's stock.
TRX Gold Company Profile
(
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.
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