TRX Gold Corp (TRX)

• Market cap: $89.1M
• 1 day: 1.61%
• 5 days: -6.37%
• 1 month: 10.61%
• 3 months: -22.93%
• 6 months: -24.94%
• Year to date: 0.13%
• 1 year: -8.41%
• 5 years: -39.99%
• 10 years: -51.42%

About: TRX Gold Corp is a mineral resource company. It is engaged in the acquisition of interests and the exploration of natural resource properties. Its mineral properties are located in the United Republic of Tanzania. The company's main area of interest has been in the exploration and development of gold properties. Its projects include the Buckreef project, and Itetemia Gold project whereas, its exploration stage project consists of the Lunguya project and the Luhala project.

Employees: 287

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

17% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 6

3% more funds holding

Funds holding: 39 [Q2] → 40 (+1) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 8

0.02% less ownership

Funds ownership: 1.35% [Q2] → 1.33% (-0.02%) [Q3]

5% less capital invested

Capital invested by funds: $1.48M [Q2] → $1.4M (-$80.1K) [Q3]

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $3K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $1.50 375% upside
• Avg. target: $1.50 375% upside
• High target: $1.50 375% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

HC Wainwright & Co. Heiko Ihle 50% 1-year accuracy 90 / 179 met price target

375% upside $1.50

Buy Reiterated

3 Dec 2024