TRX Gold Corporation (TRX)

NYSEAMERICAN: TRX · IEX Real-Time Price · USD
0.343
+0.018 (5.50%)
At close: Mar 1, 2024, 3:59 PM
0.346
+0.002 (0.64%)
After-hours: Mar 1, 2024, 8:00 PM EST
5.50%
Market Cap 96.45M
Revenue (ttm) 38.01M
Net Income (ttm) 1.85M
Shares Out 279.09M
EPS (ttm) 0.01
PE Ratio n/a
Forward PE 11.59
Dividend n/a
Ex-Dividend Date n/a
Volume 233,929
Open 0.344
Previous Close 0.326
Day's Range 0.333 - 0.350
52-Week Range 0.310 - 0.600
Beta 0.18
Analysts Strong Buy
Price Target 1.30 (+278.57%)
Earnings Date Apr 11, 2024

About TRX

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. TRX... [Read more]

Industry Gold
Sector Materials
Founded 1990
Employees 130
Stock Exchange NYSEAMERICAN
Ticker Symbol TRX
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for TRX stock is "Strong Buy" and the 12-month stock price forecast is $1.3.

Price Target
$1.3
(278.57% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

TRX Gold Corporation Announces Ticker Symbol Change on the Toronto Stock Exchange to “TRX”

TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is announcing today that the Company's common shares listed on the Toronto...

5 weeks ago - GlobeNewsWire

TRX Gold Reports First Quarter 2024 Results

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the first quarter of 2024 (“Q1 2024”) for t...

6 weeks ago - GlobeNewsWire

Africa-focused gold miner TRX Gold reports record annual results

(Kitco News) - Africa-focused gold miner TRX Gold (TSX: TNX) (NYSE: TRX) announced on Thursday that the company achieved record annual production and financial metrics for the year ended August 31, 20...

3 months ago - Kitco

TRX Gold Reports Year-End 2023 Results

TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) today reported its results for the year end August 31, 2023 and fourth quart...

3 months ago - GlobeNewsWire

TRX Gold Appoints Shubo Rakhit as Chairman of the Board

TORONTO, Oct. 23, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce the appointment of Shubo Rakhit as Chairman of the ...

4 months ago - GlobeNewsWire

VIDEO - TRX Gold: Impressive Growth and Expansion in Tanzania CEO Clips Video

Vancouver, British Columbia--(Newsfile Corp. - October 20, 2023) - TRX Gold Corporation (NYSE American: TRX) (TSX: TNX) a dynamic and rapidly growing company in the gold mining sector, is making waves...

4 months ago - Newsfile Corp

TRX Gold Announces Passing of Founder and Chairman James E. Sinclair

TORONTO, Oct. 09, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is deeply saddened to announce the passing of its founder and Chairman Jam...

5 months ago - GlobeNewsWire

New ball mill arrives at Buckreef gold mine as part of expansion project - TRX Gold

(Kitco News) - TRX Gold (TSX: TNX) (NYSE: TRX) announced Monday that the new 1,000 tonne per day capacity ball mill has arrived on site at the Buckreef gold project in Tanzania.

5 months ago - Kitco

TRX Gold Advances Mill Expansion to Increase Gold Production

TORONTO, Oct. 02, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce that the new 1,000 tonne per day (“tpd”) capacity b...

5 months ago - GlobeNewsWire

TRX Gold to Present at the 35th Annual Gold Forum

TORONTO, Sept. 15, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce that the Company's executives have been invited to...

6 months ago - GlobeNewsWire

TRX Gold to Present at the 25th Annual H.C. Wainwright Global Investment Conference and Precious Metals Summit Conference

TORONTO, Sept. 08, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce that the Company's executives have been invited to...

6 months ago - GlobeNewsWire

TRX Gold Reports Third Quarter 2023 Results

TORONTO, July 17, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the third quarter of 2023 (“Q3 2023”) for t...

8 months ago - GlobeNewsWire

TRX Gold Achieves Sulphide Gold Recovery of 88.7% from Its Existing Processing Plant

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) is pleased to provide a significant operational update for Buckreef Gold as ...

9 months ago - GlobeNewsWire

TRX Gold's Near Surface Drill Results: 14 m @ 3.5 g/t incl. 3.0 m @ 10.9 g/t Gold

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to provide an update on the drilling results from the Anfield an...

10 months ago - GlobeNewsWire

TRX Gold Announces US ATM Offering

TORONTO, May 12, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today announced that it has entered into an At The Market Offering Agreemen...

10 months ago - GlobeNewsWire

TRX Gold announces record quarterly production at Buckreef

(Kitco News) - TRX Gold (TSX: TNX) reported today that in the three months ended February 28, 2023 (“Q2 2023”), its Buckreef gold mine in Tanzania recorded its highest quarterly production to date of ...

11 months ago - Kitco

TRX Gold Reports Second Quarter 2023 Results

TORONTO, April 14, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX:TNX) (NYSE American:TRX) (the “Company” or “TRX Gold”) today reported its results for the second quarter of 2023 (“Q2 2023”) for t...

11 months ago - GlobeNewsWire

TRX Gold Advances Larger Mine Development at Buckreef Gold

TORONTO, April 11, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to provide an update on the advancement of the larger Buckreef...

11 months ago - GlobeNewsWire

TRX Gold Reports Q2 2023 Results Preview

Production growth quarter over quarter at Buckreef Gold Production growth quarter over quarter at Buckreef Gold

1 year ago - GlobeNewsWire

TRX Gold Orders Additional Ball Mill for Buckreef Gold

Expanded Milling Capacity to Further Increase Gold Production Expanded Milling Capacity to Further Increase Gold Production

1 year ago - GlobeNewsWire

TRX Gold Reports 2022 Annual Meeting Voting Results

TORONTO, Feb. 24, 2023 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce the voting results from its 2022 Annual General and...

1 year ago - GlobeNewsWire

TRX Gold Reports First Quarter 2023 Results

A Record-Breaking Quarter Sets the Tone for 2023 A Record-Breaking Quarter Sets the Tone for 2023

1 year ago - GlobeNewsWire

TRX Gold Extends Gold Mineralization of the Buckreef Main Zone to the Southwest

Including: 34.8 m @ 1.26 g/t incl. 10.0 m @ 3.08 g/t, and 16.5 m @ 2.01 g/t Including: 34.8 m @ 1.26 g/t incl. 10.0 m @ 3.08 g/t, and 16.5 m @ 2.01 g/t

1 year ago - GlobeNewsWire

TRX Gold Releases Positive Metallurgical Drill Hole Assay Results

Including: 106 m @ 4.19 g/t, 28 m @ 10.68 g/t, 123 m @ 2.69 g/t and 121 m @ 2.96 g/t Au Including: 106 m @ 4.19 g/t, 28 m @ 10.68 g/t, 123 m @ 2.69 g/t and 121 m @ 2.96 g/t Au

1 year ago - GlobeNewsWire

TRX Gold Reports Fourth Quarter and Year-End 2022 Results

Growth Continues at Buckreef Gold Growth Continues at Buckreef Gold

1 year ago - GlobeNewsWire