TRX Gold (TSE:TNX) Stock Price Passes Above 50-Day Moving Average of $1.31

TRX Gold Co. (TSE:TNXGet Free Report) (NYSE:TRX) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$1.31 and traded as high as C$42.28. TRX Gold shares last traded at C$41.96, with a volume of 0 shares traded.

TRX Gold Stock Performance

The company has a market cap of C$11.71 billion, a PE ratio of 47.00 and a beta of 0.55. The company has a current ratio of 0.90, a quick ratio of 0.64 and a debt-to-equity ratio of 0.19. The firm’s 50-day simple moving average is C$1.31 and its two-hundred day simple moving average is C$0.80.

TRX Gold Company Profile

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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.

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