FY2025 Earnings Estimate for TRX Gold Issued By Roth Capital

TRX Gold Co. (NYSE:TRX - Free Report) - Roth Capital decreased their FY2025 earnings per share (EPS) estimates for shares of TRX Gold in a research note issued to investors on Monday, April 28th. Roth Capital analyst M. Niehuser now forecasts that the company will post earnings per share of $0.01 for the year, down from their previous forecast of $0.04. The consensus estimate for TRX Gold's current full-year earnings is $0.04 per share. Roth Capital also issued estimates for TRX Gold's FY2026 earnings at $0.02 EPS.

Separately, StockNews.com started coverage on shares of TRX Gold in a research report on Monday, April 28th. They issued a "hold" rating on the stock.

TRX Gold Trading Down 0.8 %

TRX traded down $0.00 during trading on Wednesday, reaching $0.30. The company had a trading volume of 239,350 shares, compared to its average volume of 416,419. The firm's 50-day simple moving average is $0.31 and its 200 day simple moving average is $0.33. 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 company has a market cap of $84.69 million, a price-to-earnings ratio of -30.00 and a beta of 0.37. TRX Gold has a 12-month low of $0.27 and a 12-month high of $0.49.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TRX. Virtu Financial LLC acquired a new stake in TRX Gold during the 3rd quarter worth about $52,000. Financial Sense Advisors Inc. boosted its holdings in shares of 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 during the period. Sprott Inc. grew its position in TRX Gold by 506.7% during the fourth quarter. Sprott Inc. now owns 145,454 shares of the company's stock valued at $45,000 after purchasing an additional 121,479 shares in the last quarter. Rossby Financial LCC acquired a new position in TRX Gold in the 4th quarter valued at approximately $255,000. Finally, BNP Paribas Financial Markets purchased a new stake in TRX Gold in the 4th quarter worth approximately $120,000. Hedge funds and other institutional investors own 1.06% of the company's stock.

About TRX Gold

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.