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F   10.25 (-3.21%)
MU   75.61 (-1.41%)
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DIS   92.62 (+0.13%)
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TRX Gold Stock Price, News & Analysis (TSE:TNX)

C$0.55
-0.01 (-1.79%)
(As of 12:53 PM ET)
Compare
Today's Range
C$0.55
▼
C$0.58
50-Day Range
C$0.48
▼
C$0.57
52-Week Range
C$0.43
▼
C$0.81
Volume
41,750 shs
Average Volume
20,950 shs
Market Capitalization
C$152.52 million
P/E Ratio
N/A
Dividend Yield
4.87%
Price Target
C$1.10
Stock AnalysisAnalyst ForecastsChartCompetitorsHeadlinesInsider Trades

TRX Gold MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
93.0% 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™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.52 out of 5 stars

See Top Rated MarketRank™ Stocks Here

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

November 30, 2023 | proactiveinvestors.com
TRX Gold sees record 2023 revenue and profit, production
November 30, 2023 | finance.yahoo.com
TRX Gold Reports Year-End 2023 Results
November 30, 2023 | Tomorrow Investor (Ad)
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There’s just one problem: There are more plans for new uses of nuclear than there is uranium to fuel the plants!
October 23, 2023 | finanznachrichten.de
TRX Gold Corporation: TRX Gold Appoints Shubo Rakhit as Chairman of the Board
October 23, 2023 | finance.yahoo.com
TRX Gold Appoints Shubo Rakhit as Chairman of the Board
October 9, 2023 | proactiveinvestors.com
TRX Gold announces passing of founder and chairman James Sinclair
September 8, 2023 | finance.yahoo.com
TRX Gold to Present at the 25th Annual H.C. Wainwright Global Investment Conference and Precious Metals Summit Conference
August 26, 2023 | theglobeandmail.com
TRX Gold: Top 10 Undervalued Growth Stocks on TSX (TNX)
November 30, 2023 | Tomorrow Investor (Ad)
Why Microsoft Just Placed A Huge Bet On Nuclear
Even with aggressive expansion and acquisition of solar and wind farms, renewable energy isn’t anywhere close to providing the energy that Microsoft demands.
July 20, 2023 | msn.com
HC Wainwright & Co. Maintains TRX Gold (TRX) Buy Recommendation
July 18, 2023 | finanznachrichten.de
TRX Gold Corporation: TRX Gold Reports Third Quarter 2023 Results
June 15, 2023 | finanznachrichten.de
TRX Gold Corporation: TRX Gold Achieves Sulphide Gold Recovery of 88.7% from Its Existing Processing Plant
June 15, 2023 | finance.yahoo.com
TRX Gold Achieves Sulphide Gold Recovery of 88.7% from Its Existing Processing Plant
May 15, 2023 | finance.yahoo.com
TRX Gold’s Near Surface Drill Results: 14 m @ 3.5 g/t incl. 3.0 m @ 10.9 g/t Gold
May 10, 2023 | finance.yahoo.com
TRX Gold (TSE:TNX) Is In A Strong Position To Grow Its Business
April 19, 2023 | uk.news.yahoo.com
The Price Is Right For TRX Gold Corporation (TSE:TNX)
April 11, 2023 | proactiveinvestors.com
TRX Gold completes geotechnical fieldwork at Buckreef Gold mine development project
April 11, 2023 | finance.yahoo.com
TRX Gold Advances Larger Mine Development at Buckreef Gold
February 24, 2023 | finance.yahoo.com
TRX Gold Reports 2022 Annual Meeting Voting Results
January 10, 2023 | proactiveinvestors.com
TRX Gold releases positive assay results showing an extension of Buckreef Main Zone
December 12, 2022 | proactiveinvestors.com
TRX Gold hails the positive findings of variability sampling program at Buckreef Gold project in Tanzania
November 16, 2022 | proactiveinvestors.com
TRX Gold touts commercial production at its over 1,000-ton-per-day processing plant at Buckreef Gold Mine in Tanzania
August 17, 2022 | ca.finance.yahoo.com
Stocks in play: TRX Gold Corporation
July 14, 2022 | ca.proactiveinvestors.com
TRX Gold delivers record quarterly production and net income from its Buckreef gold operation in Tanzania
May 27, 2022 | finance.yahoo.com
Tanzanian Gold Changes Its Name to TRX Gold Corporation
May 18, 2022 | finanznachrichten.de
Tanzanian Gold Corporation: Tanzanian Gold Announces Name Change to TRX Gold Corporation & Strengthens Management Team
May 16, 2022 | finance.yahoo.com
Tanzanian Gold Announces Name Change to TRX Gold Corporation & Strengthens Management Team
See More Headlines
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Company Calendar

Today
11/30/2023
Next Earnings (Estimated)
12/05/2023
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
TSE
Industry
Gold
Sub-Industry
N/A
Sector
Basic Materials
Current Symbol
TSE:TNX
CUSIP
N/A
CIK
N/A
Web
www.tanzanianroyalty.com
Phone
+1-416-8487744
Fax
N/A
Employees
117
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
+96.4%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C($0.01)
Trailing P/E Ratio
N/A
Forward P/E Ratio
7.40
P/E Growth
N/A
Net Income
C$-3,360,000.00
Net Margins
-9.55%
Pretax Margin
N/A
Return on Equity
4.30%
Return on Assets
6.40%

Debt

Debt-to-Equity Ratio
0.19
Current Ratio
0.82
Quick Ratio
0.64

Sales & Book Value

Annual Sales
C$35.16 million
Price / Sales
4.42
Cash Flow
C$0.04 per share
Price / Cash Flow
14.52
Book Value
C$0.18 per share
Price / Book
3.11

Miscellaneous

Outstanding Shares
277,310,000
Free Float
N/A
Market Cap
C$155.29 million
Optionable
Not Optionable
Beta
0.61
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Key Executives

  • Mr. Stephen Mullowney B.B.A. (Age 46)
    C.A., C.F.A., CPA, CEO & Director
    Comp: $508.68k
  • Mr. Michael P. Leonard C.A. (Age 47)
    CPA, Chief Financial Officer
    Comp: $259.08k
  • Mr. Andrew Mark Cheatle B.Sc. (Age 59)
    M.B.A., P.Geo., COO & Director
    Comp: $375k
  • Mr. Khalaf Rashid (Age 53)
    Senior Vice President of Tanzania
    Comp: $225k
  • Ms. Christina Lalli
    Vice President of Investor Relations

Key Competitors

View All Competitors

Insiders

View All Insider Transactions














TNX Stock Analysis - Frequently Asked Questions

Should I buy or sell TRX Gold stock right now?

1 Wall Street 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 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 analysts have issued 12 month target prices 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 93.0% 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 2023?

TRX Gold's stock was trading at C$0.45 at the beginning of the year. Since then, TNX stock has increased by 26.7% and is now trading at C$0.57.
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, December 5th 2023.
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 11/30/2023 by MarketBeat.com Staff

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