HC Wainwright Analysts Raise Earnings Estimates for TRX Gold

TRX Gold Co. (NYSE:TRX) – Equities researchers at HC Wainwright raised their FY2026 EPS estimates for shares of TRX Gold in a research report issued to clients and investors on Friday, January 16th. HC Wainwright analyst H. Ihle now anticipates that the company will post earnings of $0.06 per share for the year, up from their previous estimate of $0.05. HC Wainwright currently has a “Buy” rating and a $1.50 target price on the stock. The consensus estimate for TRX Gold’s current full-year earnings is $0.04 per share.

TRX Gold (NYSE:TRX) last posted its earnings results on Thursday, January 15th. The company reported ($0.01) EPS for the quarter. TRX Gold had a net margin of 6.11% and a return on equity of 2.21%.

Separately, Roth Capital restated a “buy” rating and set a $1.25 price target on shares of TRX Gold in a research note on Friday, December 12th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $1.38.

TRX Gold Stock Down 4.0%

TRX Gold stock opened at $0.96 on Monday. TRX Gold has a 1-year low of $0.27 and a 1-year high of $1.02. The business has a fifty day moving average price of $0.83 and a 200-day moving average price of $0.61. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.83 and a quick ratio of 0.51. The stock has a market capitalization of $274.42 million, a price-to-earnings ratio of -96.00 and a beta of 0.29.

Institutional Investors Weigh In On TRX Gold

Institutional investors have recently modified their holdings of the business. MAI Capital Management purchased a new position in shares of TRX Gold during the 3rd quarter valued at approximately $30,000. Virginia Wealth Management Group Inc. purchased a new position in TRX Gold during the third quarter valued at $62,000. Jane Street Group LLC lifted its holdings in TRX Gold by 157.7% during the second quarter. Jane Street Group LLC now owns 108,573 shares of the company’s stock valued at $36,000 after purchasing an additional 66,437 shares in the last quarter. PFG Private Wealth Management LLC acquired a new stake in shares of TRX Gold in the third quarter valued at about $182,000. Finally, Strategic Planning Inc. purchased a new stake in shares of TRX Gold during the third quarter worth about $205,000. 1.06% of the stock is currently owned by institutional investors and hedge funds.

TRX Gold Company Profile

TRX Gold Corporation engages in the exploration, development, and production 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 that comprises a single Special Mining License covering an area of 16.04 square kilometers and 12 Prospecting Licenses covering 98.19 square kilometers 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.