TRX Stock Forecast 2025-2026
Distance to TRX Price Targets
TRX Price Momentum
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Latest TRX Stock Price Targets & Analyst Predictions
Based on our analysis of 2 Wall Street analysts, TRX has a bullish consensus with a median price target of $1.00 (ranging from $0.85 to $1.75). Currently trading at $0.32, the median forecast implies a 212.5% upside. This outlook is supported by 3 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Jake Sekelsky at Alliance Global Partners, projecting a 446.9% upside.
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.
TRX Analyst Ratings
TRX Price Target Range
Latest TRX Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for TRX.
Date | Firm | Analyst | Rating | Change | Price Target |
---|---|---|---|---|---|
Dec 3, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $1.50 |
Jul 16, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $1.40 |
Apr 16, 2024 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $1.40 |
Apr 16, 2024 | Alliance Global Partners | Jake Sekelsky | Buy | Maintains | $1.75 |
Jul 20, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $1.30 |
Apr 17, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $1.10 |
Mar 14, 2023 | HC Wainwright & Co. | Heiko Ihle | Buy | Reiterates | $1.10 |
Dec 2, 2022 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $1.10 |
Sep 1, 2022 | HC Wainwright & Co. | Heiko Ihle | Buy | Maintains | $1.00 |
May 24, 2022 | HC Wainwright & Co. | Heiko Ihle | Buy | Initiates | $0.70 |
Feb 16, 2021 | Alliance Global Partners | Jake Sekelsky | Buy | Initiates | $1.50 |
Trx Gold Corp. (TRX) Competitors
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. (TRX) Financial Data
Trx Gold Corp. has a market capitalization of $91.83M with a P/E ratio of 36.3x. The company generates $44.28M in trailing twelve-month revenue with a 3.3% profit margin.
Revenue growth is -8.0% quarter-over-quarter, while maintaining an operating margin of +32.9% and return on equity of +8.8%.
Valuation Metrics
Growth & Margins
Financial Health
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Trx Gold Corp. (TRX) Business Model
About Trx Gold Corp.
Explores and develops gold mining projects.
The company generates revenue by exploring and developing gold deposits, focusing on optimizing mining operations to enhance resource extraction. Its business model is based on the cyclical nature of the gold market, where profitability is heavily influenced by fluctuations in gold prices.
Trx Gold Corp. operates in multiple geographic locations, which helps diversify its risks and expand its resource base. The company's activities support industries such as jewelry, technology, and finance, while also contributing to regional economic growth through job creation and development.
Company Information
Sector
Basic Materials
Industry
Gold
Employees
153
CEO
Mr. Stephen Mullowney B.B.A., C.A., C.F.A., C.P.A.
Country
Canada
IPO Year
2005
Website
www.trxgold.comTrx Gold Corp. (TRX) Latest News & Analysis
TRX Gold Corporation (TSX: TRX, NYSE American: TRX) announced the voting results from its Annual General and Special Meeting held on February 27, 2025.
Voting results from TRX Gold's AGM can indicate shareholder confidence and influence future strategic decisions, impacting stock performance and investor sentiment.
TRX Gold Corporation (NYSE:TRX) will hold its Q1 2025 earnings conference call on January 21, 2025, at 11:00 AM ET, featuring key executives and analysts from various firms.
TRX Gold's upcoming earnings call may reveal key financial performance insights, impacting stock valuation and investor sentiment. Analyst participation indicates potential market interest.
TRX Gold Corporation reported strong drill results from the Stamford Bridge Shear Zone, including 21m @ 8.63 g/t Au in hole BMDD319, enhancing investor interest in their exploration potential.
Positive drill results indicate potential for increased gold reserves, enhancing TRX Gold's value and attractiveness in the mining sector, likely impacting stock performance and investor sentiment.
TRX Gold Reports First Quarter 2025 Results
2 months agoA recent plant expansion has led to a significant reduction in operating costs per tonne, potentially improving profitability for the company involved.
Lower operating costs per tonne from the plant expansion can enhance profit margins, increase competitiveness, and potentially lead to higher returns for investors.
TRX Gold (TRX) Reports Break-Even Earnings for Q1
2 months agoTRX Gold (TRX) reported break-even quarterly earnings per share, matching the Zacks Consensus Estimate of $0.01, consistent with the same period last year.
TRX Gold's earnings meeting expectations signals stability, but lack of growth compared to last year may concern investors about future performance and prospects.
TRX Gold Appoints New Chief Operating Officer
3 months agoTRX Gold Corporation appointed Richard Boffey as COO, effective immediately. Boffey brings over 35 years of experience, aiming to enhance the growth of Buckreef Gold.
The appointment of a seasoned COO could enhance operational efficiency and strategic growth, potentially leading to improved financial performance and shareholder value for TRX Gold.
Frequently Asked Questions About TRX Stock
What is Trx Gold Corp.'s (TRX) stock forecast for 2025?
Based on our analysis of 2 Wall Street analysts, Trx Gold Corp. (TRX) has a median price target of $1.00. The highest price target is $1.75 and the lowest is $0.85.
Is TRX stock a good investment in 2025?
According to current analyst ratings, TRX has 3 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $0.32. Always conduct your own research and consider your investment goals before making investment decisions.
What is the long-term price prediction for TRX stock?
Wall Street analysts predict TRX stock could reach $1.00 in the next 12 months. This represents a 212.5% increase from the current price of $0.32. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Trx Gold Corp.'s business model?
The company generates revenue by exploring and developing gold deposits, focusing on optimizing mining operations to enhance resource extraction. Its business model is based on the cyclical nature of the gold market, where profitability is heavily influenced by fluctuations in gold prices.
What is the highest forecasted price for TRX Trx Gold Corp.?
The highest price target for TRX is $1.75 from Jake Sekelsky at Alliance Global Partners, which represents a 446.9% increase from the current price of $0.32.
What is the lowest forecasted price for TRX Trx Gold Corp.?
The lowest price target for TRX is $0.85 from at , which represents a 165.6% increase from the current price of $0.32.
What is the overall TRX consensus from analysts for Trx Gold Corp.?
The overall analyst consensus for TRX is bullish. Out of 2 Wall Street analysts, 3 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $1.00.
How accurate are TRX stock price projections?
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.
Important Disclaimer
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.