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

Research analysts at assumed coverage on shares of TRX Gold (NYSE:TRXGet Rating) in a research report issued on Friday. The firm set a “sell” rating on the stock.

Separately, HC Wainwright upped their price target on shares of TRX Gold from $0.70 to $1.00 and gave the company a “buy” rating in a report on Thursday, September 1st.

TRX Gold Stock Up 2.0 %

Shares of TRX Gold stock opened at $0.37 on Friday. The business has a fifty day simple moving average of $0.39 and a 200-day simple moving average of $0.40. TRX Gold has a fifty-two week low of $0.26 and a fifty-two week high of $0.55. The firm has a market cap of $101.37 million, a price-to-earnings ratio of -18.36 and a beta of 0.80.

TRX Gold Company Profile

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TRX Gold Corporation engages in the acquisition, financing, exploration, and development 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 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.

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