TRX Gold CorpTRX
TRX
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
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
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
401%
upside
Avg. target
$1.50
401%
upside
High target
$1.50
401%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
HC Wainwright & Co. Heiko Ihle 44% 1-year accuracy 76 / 174 met price target | 401%upside $1.50 | Buy Reiterated | 3 Dec 2024 |
Financial journalist opinion
Based on 4 articles about TRX published over the past 30 days
Neutral
GlobeNewsWire
2 weeks ago
TRX Gold Appoints New Chief Operating Officer
TORONTO, Dec. 06, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce the appointment of Richard Boffey as Chief Operating Officer (“COO”), effective immediately. Mr. Boffey is a seasoned executive, bringing more than 35 years of operational experience to the TRX Gold team and will be instrumental in the continued growth and development of Buckreef Gold.
Positive
Zacks Investment Research
2 weeks ago
Are Investors Undervaluing TRX Gold Corporation (TRX) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Neutral
GlobeNewsWire
2 weeks ago
TRX Gold Reports Year-End 2024 Results
TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the year end August 31, 2024, and fourth quarter (“Q4 2024”). Financial results are available on the Company's website at www.TRXgold.com.
Positive
Zacks Investment Research
3 weeks ago
TRX Gold (TRX) Meets Q4 Earnings Estimates
TRX Gold (TRX) came out with quarterly earnings of $0.01 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.01 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Stamford Bridge Delivers Again – Another Best Drill Intercept
TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is excited to announce, once again, another best drill results ever, on a gram x tonne x meters (“gtm”) basis with hole BMDD315 intersecting 37 metres (“m”) @ 6.86 g/t Au (253.82 gtm) from 130 m. This drill hole result is approximately 250 m east of the Buckreef Main Zone—host to Buckreef Gold's 2M+ ounce Au Mineral Resource1 and where current operations are ongoing in the Main Pit—and is located at the project's newly discovered Stamford Bridge Shear Zone (see Figure 1).
Positive
Proactive Investors
1 month ago
TRX Gold CEO discusses significant discovery at Buckreef gold project - ICYMI
TRX Gold (TSX:TNX, NYSE-A:TRX) this week unveiled a significant discovery at its Buckreef gold project: its largest intercept to date which has led to the identification of a new gold mineralization shear zone called the Stamford Bridge zone. CEO Stephen Mullowney joined Proactive to discuss the discovery.
Neutral
GlobeNewsWire
1 month ago
TRX Gold Announces Best Drill Hole Result In History Of Buckreef Gold
TORONTO, Oct. 24, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is excited to announce its best drill result ever, on a gram x tonne x meters (“gtm”) basis with hole BMDD310 intersecting 35.5 metres (“m”) @ 5.48 g/t Au (194.54 gtm) from 64 m. This drill hole result is approximately 200 m east of the Buckreef Main Zone, host to Buckreef Gold's 2M+ ounce Au Mineral Resource1 and where current operations are ongoing in the Main Pit.
Neutral
GlobeNewsWire
2 months ago
Metallurgical Study Confirms Higher Gold Recoveries Attainable at Buckreef Gold
TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce completion of the ongoing metallurgical variability study at the Buckreef Gold Project, with results confirming excellent gold recovery rates for the processing of sulphide ore. Metallurgical test work on the sulphide ore portion of the project, which encompasses approximately 90% of the Buckreef Main Zone's 2M+ ounce Au Measured and Indicated Mineral Resources1, has been an important area of focus for the Company, as it continues to grow the project in a low-risk, low-cost, value accretive manner.
Positive
InvestorPlace
4 months ago
7 Gold Stocks to Buy as the Fed Moves Closer to Rate Cuts
While the investment vehicle might seem anachronistic in the current paradigm of artificial intelligence and other advanced technologies, gold stocks also present a compelling and relevant solution. Because precious metals command intrinsic value, they represent an excellent inflation hedge.
Neutral
Seeking Alpha
5 months ago
TRX Gold Corporation (TRX) Q3 2024 Earnings Call Transcript
TRX Gold Corporation (NYSE:TRX ) Q3 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Christina Lalli - VP, IR Stephen Mullowney - CEO & Director Mike Leonard - CFO Conference Call Participants Mike Niehuser - ROTH Capital Partners Craig Sutherland - Conceptual Solutions Stephen Reiser - Family Office Operator Everyone, we'll just pause for a moment as participants make their way in from the lobby. It's now my pleasure to introduce Christina Lalli, Vice President Investor Relations with TRX Gold.
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