TRX Gold Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for TRX Gold stock have an average target of 1.63, with a low estimate of 1.50 and a high estimate of 1.75. The average target predicts an increase of 415.99% from the current stock price of 0.32.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$1.50	$1.63	$1.75	$1.75
Change	+374.83%	+415.99%	+453.97%	+453.97%

* Price targets were last updated on Dec 3, 2024.

Analyst Ratings

The average analyst rating for TRX Gold stock from 2 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	2	2	2	2	2	2
Buy	0	0	0	0	0	0
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $1.4 → $1.5	Strong Buy	Reiterates	$1.4 → $1.5	+374.83%	Dec 3, 2024
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Reiterates $1.4	Strong Buy	Reiterates	$1.4	+343.18%	Jul 16, 2024
Jake Sekelsky Alliance Global Partners	Alliance Global Partners	Strong Buy Maintains $1.5 → $1.75	Strong Buy	Maintains	$1.5 → $1.75	+453.97%	Apr 16, 2024
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $1.3 → $1.4	Strong Buy	Maintains	$1.3 → $1.4	+343.18%	Apr 16, 2024
Heiko Ihle HC Wainwright & Co.	HC Wainwright & Co.	Strong Buy Maintains $1.1 → $1.3	Strong Buy	Maintains	$1.1 → $1.3	+311.52%	Jul 20, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

69.94M

from 41.16M

69.93%

from 41.16M

Revenue Next Year

84.93M

from 69.94M

21.44%

from 69.94M

EPS This Year

0.06

from -0.00

EPS Next Year

0.11

from 0.06

74.01%

from 0.06

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Aug 31, 2020	Aug 31, 2021	Aug 31, 2022	Aug 31, 2023	Aug 31, 2024	Aug 31, 2025	Aug 31, 2026
Revenue	-	-	15.09M	38.32M	41.16M	69.94M	84.93M
Revenue Growth	-	-	-	153.88%	7.41%	69.93%	21.44%
EPS	-0.07	-0.02	-0.02	0.01	-0.00	0.06	0.11
EPS Growth	-	-	-	-	-	-	74.01%
Forward PE	-	-	-	-	-	4.94	2.84
No. Analysts	-	-	-	-	-	4	2

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	76.4M	95.7M
Avg	69.9M	84.9M
Low	63.4M	75.5M

Revenue Growth

Revenue Growth	2025	2026
High	85.6%	36.8%
Avg	69.9%	21.4%
Low	54.1%	8.0%

EPS Forecast

EPS	2025	2026
High	0.08	0.12
Avg	0.06	0.11
Low	0.05	0.11

EPS Growth

EPS Growth	2025	2026
High	-	80.9%
Avg	-	74.0%
Low	-	68.8%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.