NYSE:TRX TRX Gold (TRX) Stock Forecast, Price & News $0.38 0.00 (0.00%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$0.38▼$0.3950-Day Range$0.37▼$0.4552-Week Range$0.31▼$0.60Volume260,877 shsAverage Volume384,907 shsMarket Capitalization$104.11 millionP/E RatioN/ADividend YieldN/APrice Target$1.30 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media TRX Gold MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside245.7% Upside$1.30 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth166.67%From $0.03 to $0.08 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.91 out of 5 starsBasic Materials Sector119th out of 160 stocksGold & Silver Ores Industry25th out of 33 stocks 3.5 Analyst's Opinion Consensus RatingTRX Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $1.30, TRX Gold has a forecasted upside of 245.7% from its current price of $0.38.Amount of Analyst CoverageTRX Gold has received no research coverage in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TRX. Previous Next 0.0 Dividend Strength Dividend YieldTRX Gold does not currently pay a dividend.Dividend GrowthTRX Gold does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TRX. Previous Next 1.0 News and Social Media Coverage News SentimentTRX Gold has a news sentiment score of -0.18. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.47 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 1 news article for TRX Gold this week, compared to 1 article on an average week.Search InterestOnly 5 people have searched for TRX on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added TRX Gold to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, TRX Gold insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.25% of the stock of TRX Gold is held by insiders.Percentage Held by InstitutionsOnly 1.57% of the stock of TRX Gold is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for TRX Gold are expected to grow by 166.67% in the coming year, from $0.03 to $0.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of TRX Gold is -37.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of TRX Gold is -37.60, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioTRX Gold has a P/B Ratio of 1.98. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About TRX Gold (NYSE:TRX) StockTRX 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. The company was formerly known as Tanzanian Gold Corporation and changed its name to TRX Gold Corporation in May 2022. TRX Gold Corporation was incorporated in 1990 and is based in Oakville, Canada.Read More TRX Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TRX Stock News HeadlinesSeptember 22, 2023 | americanbankingnews.comTRX Gold (NYSE:TRX) Now Covered by Analysts at StockNews.comSeptember 19, 2023 | americanbankingnews.comTRX Gold (NYSE:TRX) versus Sibanye Stillwater (NYSE:SBSW) Head to Head ContrastSeptember 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 15, 2023 | finance.yahoo.comTRX Gold to Present at the 35th Annual Gold ForumSeptember 1, 2023 | news.yahoo.comRam 1500 TRX Production Will End in DecemberAugust 13, 2023 | finance.yahoo.comThe past three years for TRX Gold (TSE:TNX) investors has not been profitableAugust 9, 2023 | fxstreet.comCould Bitcoin price advance amid higher US inflation rate expectations?August 2, 2023 | msn.comTRX Gold (TRX) Price Target Increased by 18.20% to 1.29September 26, 2023 | Micro-Cap Stock Trader (Ad)Unlock the treasure on Mount Olympus with this little-known mining stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsJuly 20, 2023 | finance.yahoo.comTRX Gold Q3 results hit record numbers as company remains on track with guidanceJuly 17, 2023 | proactiveinvestors.comTRX Gold highlights strong profit margins at Buckreef Gold as it reports Q3 resultsJuly 17, 2023 | juniorminingnetwork.comTRX Gold Reports Third Quarter 2023 Results; Reinvesting Cash Flow to Grow OperationsJuly 17, 2023 | finance.yahoo.comTRX Gold Reports Third Quarter 2023 ResultsJuly 14, 2023 | msn.comTRX Gold (TRX) Reports Break-Even Earnings for Q3July 9, 2023 | investing.comTRX/TRY - TRON Turkish LiraJune 16, 2023 | msn.com5 Best Strength Exercises for a Toned, Firm Waistline After 30June 5, 2023 | fxstreet.comGBP/USD takes the lead in the Dollar recovery [Video]June 5, 2023 | fxstreet.comGold Price Forecast: XAU/USD attempts recovery from $1,940 ahead of US Services PMIJune 4, 2023 | investing.comTRX/RUB - TRON Russian RubleJune 4, 2023 | investing.comTRX/CNY - TRON Chinese YuanMay 16, 2023 | finance.yahoo.comTRX Gold drill results from two key areas of the Buckreef Gold Project show resource potentialMay 15, 2023 | proactiveinvestors.comTRX Gold drill results from two key areas of the Buckreef Gold Project shows resource potentialMay 15, 2023 | proactiveinvestors.comTRX Gold sees significant potential for resource expansion at the Buckreef Gold projectMay 12, 2023 | msn.comTRX Gold launches US$10M ATM offeringMay 12, 2023 | finance.yahoo.comTRX Gold Announces US ATM OfferingMay 12, 2023 | msn.comFrom ‘Gold Rush’ to ‘The Tinder Swindler’: How Raw Conquered the Doc WorldMay 2, 2023 | fool.comTrx Gold (NYSEMKT: TRX)See More Headlines Receive TRX Stock News and Ratings via Email Sign-up to receive the latest news and ratings for TRX Gold and its competitors with MarketBeat's FREE daily newsletter. Email Address TRX Company Calendar Last Earnings1/19/2023Today9/26/2023Next Earnings (Estimated)11/28/2023Fiscal Year End8/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Gold & silver ores Sub-IndustryN/A SectorBasic Materials Current SymbolNYSE:TRX CUSIPN/A CIK1173643 Webtrxgold.com Phone(844) 364-1830Fax860-799-0350Employees117Year FoundedN/APrice Target and Rating Average Stock Price Forecast$1.30 High Stock Price Forecast$1.30 Low Stock Price Forecast$1.30 Forecasted Upside/Downside+239.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.01) Trailing P/E RatioN/A Forward P/E Ratio12.75 P/E GrowthN/ANet Income$-6,220,000.00 Net Margins-9.55% Pretax Margin19.75% Return on Equity-11.99% Return on Assets-8.65% Debt Debt-to-Equity RatioN/A Current Ratio0.82 Quick Ratio0.59 Sales & Book Value Annual Sales$15.09 million Price / Sales7.02 Cash FlowN/A Price / Cash FlowN/A Book Value$0.19 per share Price / Book2.01Miscellaneous Outstanding Shares276,890,000Free Float270,660,000Market Cap$105.94 million OptionableOptionable Beta0.88 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Stephen Mullowney B.B.A. (Age 46)C.A., C.F.A., CPA, CEO & Director Comp: $372.33kMr. Michael P. Leonard C.A. (Age 47)CPA, Chief Financial Officer Comp: $189.63kMr. Andrew Mark Cheatle B.Sc. (Age 59)M.B.A., P.Geo., COO & Director Comp: $274.48kMr. Khalaf Rashid (Age 53)Sr. VP of Tanzania Comp: $164.69kMs. Christina LalliVP of Investor RelationsKey CompetitorsVox RoyaltyNASDAQ:VOXRPlatinum Group MetalsNYSE:PLGU.S. GoldMiningNASDAQ:USGOHycroft MiningNASDAQ:HYMCVista GoldNYSE:VGZView All CompetitorsInstitutional OwnershipCitadel Advisors LLCBought 100 shares on 8/15/2023Ownership: 0.000%Renaissance Technologies LLCBought 339,930 shares on 8/11/2023Ownership: 0.359%Bedel Financial Consulting Inc.Bought 100,000 shares on 8/10/2023Ownership: 0.036%Simplex Trading LLCSold 200 shares on 8/4/2023Ownership: 0.000%Bank of Montreal CanBought 249,500 shares on 8/2/2023Ownership: 0.090%View All Institutional Transactions TRX Stock - Frequently Asked Questions Should I buy or sell TRX Gold stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TRX Gold in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" TRX shares. View TRX analyst ratings or view top-rated stocks. What is TRX Gold's stock price forecast for 2023? 1 brokers have issued 12 month price targets for TRX Gold's stock. Their TRX share price forecasts range from $1.30 to $1.30. On average, they anticipate the company's share price to reach $1.30 in the next year. This suggests a possible upside of 239.8% from the stock's current price. View analysts price targets for TRX or view top-rated stocks among Wall Street analysts. How have TRX shares performed in 2023? TRX Gold's stock was trading at $0.3383 on January 1st, 2023. Since then, TRX stock has increased by 13.1% and is now trading at $0.3826. View the best growth stocks for 2023 here. When is TRX Gold's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 28th 2023. View our TRX earnings forecast. How were TRX Gold's earnings last quarter? TRX Gold Co. (NYSE:TRX) issued its quarterly earnings results on Thursday, January, 19th. The company reported $0.01 EPS for the quarter, hitting analysts' consensus estimates of $0.01. The business earned $9.72 million during the quarter, compared to the consensus estimate of $7.90 million. TRX Gold had a negative net margin of 9.55% and a negative trailing twelve-month return on equity of 11.99%. What is TRX Gold's stock symbol? TRX Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "TRX." Who are TRX Gold's major shareholders? TRX Gold's stock is owned by a number of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.36%), Guild Investment Management Inc. (0.17%), Bank of Montreal Can (0.09%), Bedel Financial Consulting Inc. (0.04%), Citadel Advisors LLC (0.00%) and Simplex Trading LLC (0.00%). View institutional ownership trends. How do I buy shares of TRX Gold? Shares of TRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is TRX Gold's stock price today? One share of TRX stock can currently be purchased for approximately $0.38. How much money does TRX Gold make? TRX Gold (NYSE:TRX) has a market capitalization of $105.94 million and generates $15.09 million in revenue each year. The company earns $-6,220,000.00 in net income (profit) each year or ($0.01) on an earnings per share basis. How many employees does TRX Gold have? The company employs 117 workers across the globe. How can I contact TRX Gold? TRX Gold's mailing address is 277 Lakeshore Road East Suite 403, Oakville A6, L6J 1H9. The official website for the company is trxgold.com. The company can be reached via phone at (844) 364-1830, via email at ir@trxgold.com, or via fax at 860-799-0350. This page (NYSE:TRX) was last updated on 9/26/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding TRX Gold Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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