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Home โบ Stocks โบ Trx Gold Corp. (TRX) Stock Forecast & Price Prediction Canada | NYSE | Basic Materials | Gold
$1.40
-0.06 (-4.11%)Did TRX Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Tanzanian Gold is one of their latest high-conviction picks.
Based on our analysis of 1 Wall Street analyst, TRX has a bullish consensus with a median price target of $2.28 (ranging from $1.80 to $2.50). The overall analyst rating is Strong Buy (10.0/10). Currently trading at $1.40, the median forecast implies a 62.5% upside. This outlook is supported by 3 Buy, 0 Hold, and 0 Sell ratings.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for TRX.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Mar 2, 2026 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Jan 16, 2026 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Dec 2, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Nov 5, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Jul 16, 2025 | HC Wainwright & Co. | Buy | Maintains | $N/A | |
| Dec 3, 2024 | HC Wainwright & Co. | Buy | Reiterates | $N/A |
The following stocks are similar to Tanzanian Gold based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Trx Gold Corp. has a market capitalization of $455.84M with a P/E ratio of 36.3x. The company generates $70.20M in trailing twelve-month revenue with a -6.4% profit margin.
Revenue growth is +100.5% quarter-over-quarter, while maintaining an operating margin of +21.9% and return on equity of +5.5%.
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Gold mining company in Tanzania.
The company focuses on the exploration, development, and production of gold from its primary asset, the Buckreef Gold Project. It generates revenue through gold production by processing oxide and transition materials while employing advanced processing techniques to maximize recovery rates.
TRX Gold Corp. operates under a gold sale service agreement with the Bank of Tanzania, allowing it to sell a portion of its dorรฉ production domestically, which helps in reducing royalty costs. The company is strategically located in a resource-rich area near Lake Victoria and is actively expanding its mineral resource base through ongoing exploration in multiple zones.
Basic Materials
Gold
241
Mr. Stephen Mullowney B.B.A., C.A., C.F.A., CPA
Canada
2005
TRX Gold Corporation held its Q2 2026 earnings call, detailing financial performance and operational updates. Further specifics can be found in the full transcript.
TRX Gold's Q2 2026 earnings provide insights into its financial health, operational performance, and market positioning, influencing investment decisions and stock valuation.
TRX Gold Corporation (TSX: TRX, NYSE American: TRX) reported Q2 2026 results for the three and six months ending February 28, 2026. Details are available on their website.
TRX Gold's Q2 2026 results can impact stock performance, indicating financial health and operational efficiency, influencing investor sentiment and potential stock valuation.
TRX Gold Corporation (TSX: TRX, NYSE American: TRX) announced positive results from metallurgical tests at the Buckreef Gold Project, planning a larger processing plant expansion than previously projected.
TRX Gold's announcement of expanded processing plant plans at Buckreef Gold signals potential for increased production and profitability, which could enhance stock value and investor returns.
TRX Gold, a junior gold producer in Tanzania, shows operational improvements and strong gold price leverage. A Buy rating is conditional on gold prices above $3,000/oz; fair value is $0.69/share.
TRX Gold's operational improvements and leverage to gold prices present a high-reward opportunity, but the stock's current valuation suggests potential downside risk.
TRX Gold Corporation plans a 50% production increase at Buckreef in 2โ3 years, with EBITDA projected at $80โ100M, supported by a defendable gold price floor of ~$4.5k/oz.
TRX Gold's strong margins, scalable growth, and projected EBITDA increase highlight its resilience and potential for profitability, making it an attractive investment opportunity amid fluctuating gold prices.
TRX Gold shares have risen over 40% in 2023, driven by their sole asset, the Buckreef Gold Project located in Tanzania.
TRX Gold's 40% share increase indicates strong market confidence, likely driven by positive developments at the Buckreef Gold Project, suggesting potential for future growth and profitability.
Based on our analysis of 1 Wall Street analysts, Trx Gold Corp. (TRX) has a median price target of $2.28. The highest price target is $2.50 and the lowest is $1.80.
According to current analyst ratings, TRX has 3 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.40. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict TRX stock could reach $2.28 in the next 12 months. This represents a 62.5% increase from the current price of $1.40. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company focuses on the exploration, development, and production of gold from its primary asset, the Buckreef Gold Project. It generates revenue through gold production by processing oxide and transition materials while employing advanced processing techniques to maximize recovery rates.
The highest price target for TRX is $2.50 from at , which represents a 78.6% increase from the current price of $1.40.
The lowest price target for TRX is $1.80 from at , which represents a 28.6% increase from the current price of $1.40.
The overall analyst consensus for TRX is bullish. Out of 1 Wall Street analysts, 3 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $2.28.
Stock price projections, including those for Trx Gold Corp., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.