FY2026 Earnings Estimate for TRX Gold Issued By Roth Capital

TRX Gold Co. (NYSE:TRX - Free Report) - Equities research analysts at Roth Capital boosted their FY2026 EPS estimates for shares of TRX Gold in a research note issued to investors on Wednesday, July 16th. Roth Capital analyst M. Niehuser now forecasts that the company will earn $0.05 per share for the year, up from their prior estimate of $0.02. The consensus estimate for TRX Gold's current full-year earnings is $0.04 per share.

A number of other equities research analysts also recently weighed in on the stock. HC Wainwright boosted their price objective on shares of TRX Gold from $1.00 to $1.10 and gave the company a "buy" rating in a research report on Wednesday. Wall Street Zen initiated coverage on shares of TRX Gold in a research report on Thursday, May 22nd. They set a "hold" rating for the company.

TRX Gold Stock Down 2.2%

Shares of TRX Gold stock traded down $0.01 during trading on Friday, reaching $0.34. The company had a trading volume of 553,479 shares, compared to its average volume of 434,460. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.51 and a current ratio of 0.83. TRX Gold has a fifty-two week low of $0.27 and a fifty-two week high of $0.43. The firm's fifty day moving average is $0.33 and its 200-day moving average is $0.32. The company has a market cap of $95.42 million, a price-to-earnings ratio of -34.20 and a beta of 0.24.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Financial Sense Advisors Inc. grew its position in TRX Gold by 41.5% in the 1st quarter. Financial Sense Advisors Inc. now owns 238,483 shares of the company's stock worth $74,000 after purchasing an additional 70,000 shares during the last quarter. Rossby Financial LCC grew its position in TRX Gold by 15.7% in the 1st quarter. Rossby Financial LCC now owns 960,000 shares of the company's stock worth $310,000 after purchasing an additional 130,000 shares during the last quarter. Finally, BNP Paribas Financial Markets bought a new position in TRX Gold in the 4th quarter worth about $120,000. 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.