FY2025 Earnings Forecast for TRX Gold Issued By Roth Capital

TRX Gold Co. (NYSE:TRX - Free Report) - Analysts at Roth Capital reduced their FY2025 earnings estimates for 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 of $0.01 per share for the year, down from their previous estimate 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 report on Monday, April 28th. They set a "hold" rating on the stock.

TRX Gold Stock Down 3.7 %

Shares of TRX traded down $0.01 during midday trading on Wednesday, reaching $0.30. 831,483 shares of the stock were exchanged, compared to its average volume of 417,108. The company has a market capitalization of $85.39 million, a P/E ratio of -30.25 and a beta of 0.37. The company has a current ratio of 0.83, a quick ratio of 0.51 and a debt-to-equity ratio of 0.03. TRX Gold has a 52 week low of $0.27 and a 52 week high of $0.49. The company's 50 day moving average is $0.31 and its two-hundred day moving average is $0.33.

Institutional Investors Weigh In On TRX Gold

Institutional investors have recently added to or reduced their stakes in the business. Financial Sense Advisors Inc. raised its position in shares of TRX Gold by 24.3% in the 4th quarter. Financial Sense Advisors Inc. now owns 168,483 shares of the company's stock valued at $52,000 after purchasing an additional 32,991 shares during the last quarter. Sprott Inc. raised its holdings in shares of TRX Gold by 506.7% in the fourth quarter. Sprott Inc. now owns 145,454 shares of the company's stock worth $45,000 after buying an additional 121,479 shares during the last quarter. Rossby Financial LCC lifted its stake in shares of TRX Gold by 15.7% during the first quarter. Rossby Financial LCC now owns 960,000 shares of the company's stock worth $310,000 after buying an additional 130,000 shares during the period. Virtu Financial LLC purchased a new stake in shares of TRX Gold during the third quarter valued at $52,000. Finally, BNP Paribas Financial Markets purchased a new stake in TRX Gold during the 4th quarter valued at about $120,000. Institutional investors and hedge funds 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.