TRX Gold Corporation (TRX)
NYSEAMERICAN: TRX · IEX Real-Time Price · USD
0.387
-0.010 (-2.49%)
Jul 2, 2024, 4:00 PM EDT - Market closed
TRX Gold Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for TRX Gold stock have an average target of 1.58, with a low estimate of 1.40 and a high estimate of 1.75. The average target predicts an increase of 307.85% from the current stock price of 0.39.
Analyst Consensus: Strong Buy
* Price targets were last updated on Apr 16, 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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 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 | 1 | 1 | 1 | 2 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Alliance Global Partners | Alliance Global Partners | Strong Buy Maintains $1.5 → $1.75 | Strong Buy | Maintains | $1.5 → $1.75 | +351.73% | Apr 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1.3 → $1.4 | Strong Buy | Maintains | $1.3 → $1.4 | +261.38% | Apr 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1.1 → $1.3 | Strong Buy | Maintains | $1.1 → $1.3 | +235.57% | Jul 20, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $1.1 | Strong Buy | Reiterates | $1.1 | +183.94% | Apr 17, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $1.1 | Strong Buy | Reiterates | $1.1 | +183.94% | Mar 14, 2023 |
Financial Forecast
Revenue This Year
50.56M
from 38.32M
Increased by 31.94%
Revenue Next Year
74.39M
from 50.56M
Increased by 47.14%
EPS This Year
0.04
from 0.01
Increased by 253.50%
EPS Next Year
0.07
from 0.04
Increased by 100.00%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 56.4M | 86.6M |
| Avg | 50.6M | 74.4M |
| Low | 45.5M | 63.5M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 47.2% | 71.3% |
| Avg | 31.9% | 47.1% |
| Low | 18.7% | 25.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.04 | 0.08 |
| Avg | 0.04 | 0.07 |
| Low | 0.03 | 0.06 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 320.0% | 137.6% |
| Avg | 253.5% | 100.0% |
| Low | 194.0% | 66.3% |
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.