Should I buy or sell TRX Gold stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TRX Gold in the last twelve months. There are currently 2 buy ratings 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 target for 2024?

2 Wall Street analysts have issued 1-year price targets for TRX Gold's shares. Their TRX share price targets range from $1.40 to $1.75. On average, they predict the company's stock price to reach $1.58 in the next twelve months. This suggests a possible upside of 241.6% 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 2024?

TRX Gold's stock was trading at $0.3802 on January 1st, 2024. Since then, TRX shares have increased by 21.3% and is now trading at $0.4611. View the best growth stocks for 2024 here .

How were TRX Gold's earnings last quarter?

TRX Gold Co. (NYSE:TRX) announced its earnings results on Friday, April, 12th. The company reported $0.01 earnings per share for the quarter. The business earned $7.98 million during the quarter, compared to analyst estimates of $9.40 million. TRX Gold had a negative trailing twelve-month return on equity of 1.66% and a net margin of 0.70%.

Who are TRX Gold's major shareholders?

TRX Gold's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Integrity Wealth Solutions LLC (0.10%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:TRX

TRX Gold (TRX) Stock Price, News & Analysis

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$0.46

+0.01 (+2.22%)

(As of 04/18/2024 ET)

Compare

Today's Range: $0.45
▼
$0.47
50-Day Range: $0.32
▼
$0.47
52-Week Range: $0.31
▼
$0.60

Volume: 405,181 shs
Average Volume: 535,769 shs
Market Capitalization: $128.61 million

P/E Ratio: 46.16
Dividend Yield: N/A
Price Target: $1.58

Get TRX Gold alerts:

TRX Gold MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 241.6% Upside
$1.58 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.59
Based on 19 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 133.33%
From $0.03 to $0.07 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.24 out of 5 stars

Basic Materials Sector

75th out of 174 stocks

Gold & Silver Ores Industry

9th out of 37 stocks

3.5

Analyst's Opinion

Consensus Rating
TRX Gold has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
TRX Gold has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for TRX.

0.0

Dividend Strength

Dividend Yield
TRX Gold does not currently pay a dividend.
Dividend Growth
TRX Gold does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TRX.

3.1

News and Social Media Coverage

News Sentiment
TRX Gold has a news sentiment score of 0.59. 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 higher news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 19 news articles for TRX Gold this week, compared to 1 article on an average week.
MarketBeat Follows
8 people have added TRX Gold to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, TRX Gold insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.25% of the stock of TRX Gold is held by insiders.
Percentage Held by Institutions
Only 1.06% of the stock of TRX Gold is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for TRX Gold are expected to grow by 133.33% in the coming year, from $0.03 to $0.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of TRX Gold is 46.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 144.19.
Price to Earnings Ratio vs. Sector
The P/E ratio of TRX Gold is 46.16, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 141.03.
Price to Book Value per Share Ratio
TRX Gold has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About TRX Gold Stock (NYSE:TRX)

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. 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.

TRX Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TRX Stock News Headlines

April 19, 2024 | americanbankingnews.com

Roth Capital Equities Analysts Lift Earnings Estimates for TRX Gold Co. (NYSE:TRX)

April 17, 2024 | finance.yahoo.com

Is TRX Gold Corporation's (TSE:TRX) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

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April 17, 2024 | markets.businessinsider.com

Roth MKM Keeps Their Buy Rating on Tanzanian Royalty Exploration (TRX)

April 17, 2024 | americanbankingnews.com

TRX Gold (NYSE:TRX) Price Target Increased to $1.75 by Analysts at Alliance Global Partners

April 17, 2024 | americanbankingnews.com

TRX Gold (NYSE:TRX) Price Target Increased to $1.40 by Analysts at HC Wainwright

April 17, 2024 | americanbankingnews.com

TRX Gold (NYSE:TRX) Receives New Coverage from Analysts at StockNews.com

April 16, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Tanzanian Royalty Exploration Amid Strong Financials and Operational Advancements

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April 15, 2024 | proactiveinvestors.com

TRX Gold nears completion of plant expansion at Buckreef gold project

April 15, 2024 | finanznachrichten.de

TRX Gold Corporation: TRX Gold Expects Significant Growth with Plant Expansion Nearing Completion

April 15, 2024 | americanbankingnews.com

TRX Gold (NYSE:TRX) Issues Earnings Results

April 15, 2024 | globenewswire.com

TRX Gold Expects Significant Growth with Plant Expansion Nearing Completion

April 12, 2024 | markets.businessinsider.com

TRX Stock Earnings: TRX Gold Misses Revenue for Q2 2024

April 9, 2024 | americanbankingnews.com

TRX Gold (NYSE:TRX) Coverage Initiated at StockNews.com

April 7, 2024 | msn.com

NuggetRush’s Presale Sparks Interest Over WIF and TRON Predictable Plays

April 5, 2024 | globenewswire.com

TRX Gold Reports 2023 Annual Meeting Voting Results

April 3, 2024 | msn.com

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March 28, 2024 | msn.com

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March 26, 2024 | msn.com

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March 21, 2024 | morningstar.com

TRX Gold Corp TRG0

March 21, 2024 | finance.yahoo.com

TRX Gold (TSE:TRX) Is In A Strong Position To Grow Its Business

March 16, 2024 | msn.com

FOPE jewellery, Hackett London menswear and Kens Apothecary are starry additions to Seibu at Exchange TRX

March 15, 2024 | msn.com

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March 14, 2024 | ca.finance.yahoo.com

Hennessey Announces "Mammoth 1000 Last Stand" Edition for Final Year of Hellcat-Powered Ram 1500 TRX

March 14, 2024 | msn.com

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Company Calendar

Last Earnings: 4/12/2024
Today: 4/18/2024
Next Earnings (Estimated): 4/18/2024
Fiscal Year End: 8/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Basic Materials
Industry: Gold & silver ores
Sub-Industry: N/A
Current Symbol: NYSE:TRX
CUSIP: N/A
CIK: 1173643
Web: trxgold.com
Phone: (844) 364-1830
Fax: 860-799-0350
Employees: 130
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $1.58
High Stock Price Target: $1.75
Low Stock Price Target: $1.40
Potential Upside/Downside: +241.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.01
Trailing P/E Ratio: 46.16
Forward P/E Ratio: 15.37
P/E Growth: N/A
Net Income: $2.25 million
Net Margins: 0.70%
Pretax Margin: 23.84%
Return on Equity: -1.66%
Return on Assets: -1.18%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.93
Quick Ratio: 0.61

Sales & Book Value

Annual Sales: $38.32 million
Price / Sales: 3.36
Cash Flow: $0.01 per share
Price / Cash Flow: 36.04
Book Value: $0.23 per share
Price / Book: 2.00

Miscellaneous

Outstanding Shares: 278,920,000
Free Float: 272,644,000
Market Cap: $128.61 million
Optionable: Optionable
Beta: 0.65

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Key Executives

Mr. Michael P. Leonard C.A. (Age 48)
CPA, Chief Financial Officer
Comp: $254.01k
Mr. Andrew Mark Cheatle B.Sc. (Age 61)
M.B.A., P.Geo., COO & Director
Comp: $327.64k
Ms. Christina Lalli
Vice President of Investor Relations
Mr. Khalaf Rashid (Age 54)
Senior Vice President of Tanzania
Comp: $202.47k

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

TRX Stock Analysis - Frequently Asked Questions

Should I buy or sell TRX Gold stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for TRX Gold in the last twelve months. There are currently 2 buy ratings 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 target for 2024?: 2 Wall Street analysts have issued 1-year price targets for TRX Gold's shares. Their TRX share price targets range from $1.40 to $1.75. On average, they predict the company's stock price to reach $1.58 in the next twelve months. This suggests a possible upside of 241.6% 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 2024?: TRX Gold's stock was trading at $0.3802 on January 1st, 2024. Since then, TRX shares have increased by 21.3% and is now trading at $0.4611.
View the best growth stocks for 2024 here.
How were TRX Gold's earnings last quarter?: TRX Gold Co. (NYSE:TRX) announced its earnings results on Friday, April, 12th. The company reported $0.01 earnings per share for the quarter. The business earned $7.98 million during the quarter, compared to analyst estimates of $9.40 million. TRX Gold had a negative trailing twelve-month return on equity of 1.66% and a net margin of 0.70%.

Who are TRX Gold's major shareholders?: TRX Gold's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Integrity Wealth Solutions LLC (0.10%).
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:TRX) was last updated on 4/19/2024 by MarketBeat.com Staff

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TRX Gold (TRX) Stock Price, News & Analysis

TRX Gold MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About TRX Gold Stock (NYSE:TRX)

TRX Stock Price History

TRX Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

TRX Stock Analysis - Frequently Asked Questions

Overall MarketRank^™