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DOW   39,087.38
QQQ   445.61
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A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
Latest freight railroad layoffs and Wall Street pressure renew concerns about safety and service
Critical asset just had biggest fall on record (Ad)
One year after buying a failed bank, New York Community Bancorp is struggling
Dell, NetApp rise; Ginkgo Bioworks, New York Community Bancorp fall, Friday, 3/1/2024
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Friday, 3/1/2024
China pledges to increase opportunities for foreign companies as it seeks to boost its economy
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Brazil's economy grows 2.9% in Lula's 1st year, beating expectations
A US appeals court ruling could allow mine development on Oak Flat, land sacred to Apaches
TSE:TNX

TRX Gold (TNX) Stock Price, News & Analysis

C$0.46
+0.03 (+7.06%)
(As of 02/29/2024 ET)
Today's Range
C$0.44
C$0.46
50-Day Range
C$0.43
C$0.52
52-Week Range
C$0.45
C$0.81
Volume
11,800 shs
Average Volume
16,040 shs
Market Capitalization
C$126.99 million
P/E Ratio
47.00
Dividend Yield
4.87%
Price Target
C$1.10

TRX Gold MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
141.8% Upside
C$1.10 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
N/A

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.

1.53 out of 5 stars


TNX stock logo

About TRX Gold Stock (TSE:TNX)

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.

TNX Stock Price History

TNX Stock News Headlines

TRX Gold Stock (AMEX:TRX) Insider Trades
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
TRX Gold Corporation (TNX.TO)
TRX Gold sees record 2023 revenue and profit, production
TRX Gold Reports Year-End 2023 Results
TRX Gold Appoints Shubo Rakhit as Chairman of the Board
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
TRX Gold: Top 10 Undervalued Growth Stocks on TSX (TNX)
The Price Is Right For TRX Gold Corporation (TSE:TNX)
TRX Gold Reports 2022 Annual Meeting Voting Results
Stocks in play: TRX Gold Corporation
See More Headlines
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Company Calendar

Today
3/02/2024
Next Earnings (Estimated)
4/11/2024

Industry, Sector and Symbol

Industry
Gold
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
130
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$1.10
High Stock Price Target
C$1.10
Low Stock Price Target
C$1.10
Potential Upside/Downside
+141.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
C$-2,230,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$38.01 million
Cash Flow
C$0.03 per share
Book Value
C$0.19 per share

Miscellaneous

Free Float
N/A
Market Cap
C$126.99 million
Optionable
Not Optionable
Beta
0.55
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Key Executives

  • Mr. Stephen Mullowney B.B.A. (Age 47)
    C.A., C.F.A., CPA, CEO & Director
    Comp: $508.68k
  • Mr. Michael P. Leonard C.A. (Age 48)
    CPA, Chief Financial Officer
    Comp: $259.08k
  • Mr. Andrew Mark Cheatle B.Sc. (Age 60)
    M.B.A., P.Geo., COO & Director
    Comp: $375k
  • Mr. Khalaf Rashid (Age 54)
    Senior Vice President of Tanzania
    Comp: $225k
  • Ms. Christina Lalli
    Vice President of Investor Relations














TNX Stock Analysis - 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" TNX shares.
View TNX analyst ratings
or view top-rated stocks.

What is TRX Gold's stock price target for 2024?

1 brokerages have issued 12-month price targets for TRX Gold's stock. Their TNX share price targets range from C$1.10 to C$1.10. On average, they predict the company's stock price to reach C$1.10 in the next twelve months. This suggests a possible upside of 141.8% from the stock's current price.
View analysts price targets for TNX
or view top-rated stocks among Wall Street analysts.

How have TNX shares performed in 2024?

TRX Gold's stock was trading at C$0.51 at the beginning of 2024. Since then, TNX stock has decreased by 10.8% and is now trading at C$0.46.
View the best growth stocks for 2024 here
.

When is TRX Gold's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, April 11th 2024.
View our TNX earnings forecast
.

What other stocks do shareholders of TRX Gold own?

Based on aggregate information from My MarketBeat watchlists, some companies that other TRX Gold investors own include Yorbeau Resources (YRB), Detour Gold (DGC), Air Canada (AC), Aurora Cannabis (ACB), First Majestic Silver (AG), Alamos Gold (AGI), Anaconda Mining (ANX), Algonquin Power & Utilities (AQN) and Argonaut Gold (AR).

How do I buy shares of TRX Gold?

Shares of TNX stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:TNX) was last updated on 3/2/2024 by MarketBeat.com Staff