FY2026 Earnings Forecast for TRX Gold Issued By Roth Capital

TRX Gold Co. (NYSE:TRX - Free Report) - Analysts at Roth Capital increased their FY2026 earnings estimates for TRX Gold in a report issued on Wednesday, July 16th. Roth Capital analyst M. Niehuser now expects that the company will post earnings of $0.05 per share for the year, up from their previous forecast of $0.02. The consensus estimate for TRX Gold's current full-year earnings is $0.04 per share.

Several other brokerages have also weighed in on TRX. HC Wainwright upped their price objective on shares of TRX Gold from $1.00 to $1.10 and gave the company a "buy" rating in a report on Wednesday, July 16th. Wall Street Zen started coverage on shares of TRX Gold in a report on Thursday, May 22nd. They issued a "hold" rating on the stock.

TRX Gold Stock Up 2.0%

Shares of NYSE TRX traded up $0.01 during trading on Friday, hitting $0.34. 566,820 shares of the company traded hands, compared to its average volume of 435,638. The business's fifty day moving average is $0.33 and its 200 day moving average is $0.32. TRX Gold has a fifty-two week low of $0.27 and a fifty-two week high of $0.43. The firm has a market capitalization of $97.31 million, a price-to-earnings ratio of -34.20 and a beta of 0.24. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.51 and a current ratio of 0.83.

Institutional Investors Weigh In On TRX Gold

Institutional investors and hedge funds have recently made changes to their positions in the business. Financial Sense Advisors Inc. raised its holdings in shares of 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 acquiring an additional 70,000 shares during the last quarter. BNP Paribas Financial Markets bought a new stake in TRX Gold in the 4th quarter worth about $120,000. Finally, Rossby Financial LCC bought a new stake in TRX Gold in the 4th quarter worth about $255,000. 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.