TRX Gold Corporation (TRX)
NYSEAMERICAN: TRX · IEX Real-Time Price · USD
0.460
+0.014 (3.02%)
Apr 18, 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 243.48% from the current stock price of 0.46.
Analyst Consensus: Strong Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 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 | 1 | 1 | 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 | +280.43% | Apr 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1.3 → $1.4 | Strong Buy | Maintains | $1.3 → $1.4 | +204.35% | Apr 16, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $1.1 → $1.3 | Strong Buy | Maintains | $1.1 → $1.3 | +182.61% | Jul 20, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $1.1 | Strong Buy | Reiterates | $1.1 | +139.13% | Apr 17, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $1.1 | Strong Buy | Reiterates | $1.1 | +139.13% | Mar 14, 2023 |
Financial Forecast
Revenue This Year
49.74M
from 38.32M
Increased by 29.81%
Revenue Next Year
71.12M
from 49.74M
Increased by 42.98%
EPS This Year
0.03
from 0.01
Increased by 169.37%
EPS Next Year
0.06
from 0.03
Increased by 124.97%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 54.2M | 86.6M |
| Avg | 49.7M | 71.1M |
| Low | 46.8M | 57.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | 41.4% | 74.1% |
| Avg | 29.8% | 43.0% |
| Low | 22.2% | 14.9% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 0.03 | 0.07 |
| Avg | 0.03 | 0.06 |
| Low | 0.02 | 0.05 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 215.0% | 172.9% |
| Avg | 169.4% | 125.0% |
| Low | 96.0% | 81.9% |
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.