FY2026 EPS Estimates for TRX Gold Cut by Zacks Research

TRX Gold Co. (NYSEAMERICAN:TRX) – Research analysts at Zacks Research reduced their FY2026 earnings per share estimates for TRX Gold in a report released on Wednesday, July 22nd. Zacks Research analyst R. Wortel now expects that the company will post earnings of ($0.05) per share for the year, down from their previous forecast of $0.01. The consensus estimate for TRX Gold’s current full-year earnings is ($0.03) per share.

Separately, HC Wainwright restated a “buy” rating and set a $2.30 price objective on shares of TRX Gold in a research report on Monday, June 8th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, TRX Gold presently has a consensus rating of “Buy” and a consensus target price of $2.27.

TRX Gold Price Performance

Shares of TRX stock opened at $0.79 on Monday. TRX Gold has a 12 month low of $0.33 and a 12 month high of $2.80. The company has a market capitalization of $259.38 million, a P/E ratio of -13.16 and a beta of 0.30. The stock has a 50 day moving average of $0.90 and a two-hundred day moving average of $1.25. The company has a current ratio of 2.20, a quick ratio of 1.45 and a debt-to-equity ratio of 0.03.

Institutional Trading of TRX Gold

Institutional investors have recently made changes to their positions in the business. Hsbc Holdings PLC bought a new stake in TRX Gold in the first quarter valued at about $25,000. Cetera Investment Advisers boosted its holdings in TRX Gold by 54.4% during the fourth quarter. Cetera Investment Advisers now owns 28,373 shares of the company’s stock valued at $26,000 after purchasing an additional 10,000 shares in the last quarter. SPWM Advisors LLC bought a new stake in shares of TRX Gold in the 4th quarter valued at approximately $51,000. Avior Wealth Management LLC bought a new stake in shares of TRX Gold in the 2nd quarter valued at approximately $53,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of TRX Gold in the 1st quarter worth approximately $126,000. 1.06% of the stock is currently owned by institutional investors and hedge funds.

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. The company was formerly known as Tanzanian Gold Corporation and changed its name to TRX Gold Corporation in May 2022.