Zacks Research Has Bullish Outlook for TRX Gold Q3 Earnings

TRX Gold Co. (NYSEAMERICAN:TRX) – Zacks Research increased their Q3 2026 earnings per share estimates for shares of TRX Gold in a note issued to investors on Wednesday, April 22nd. Zacks Research analyst R. Wortel now anticipates that the company will earn $0.04 per share for the quarter, up from their prior estimate of $0.02. The consensus estimate for TRX Gold’s current full-year earnings is $0.01 per share. Zacks Research also issued estimates for TRX Gold’s Q4 2026 earnings at $0.05 EPS.

A number of other analysts have also recently commented on the company. HC Wainwright reiterated a “buy” rating and set a $2.30 price objective on shares of TRX Gold in a research report on Thursday, April 16th. Roth Mkm set a $2.25 target price on shares of TRX Gold and gave the company a “buy” rating in a report on Monday, February 9th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $2.28.

TRX Gold Stock Performance

NYSEAMERICAN TRX opened at $1.24 on Thursday. The company has a quick ratio of 1.52, a current ratio of 2.37 and a debt-to-equity ratio of 0.03. TRX Gold has a fifty-two week low of $0.30 and a fifty-two week high of $2.80. The business has a fifty day moving average of $1.58 and a 200-day moving average of $1.15. The stock has a market cap of $404.15 million, a price-to-earnings ratio of -17.71 and a beta of 0.48.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Marshall Wace LLP purchased a new position in shares of TRX Gold during the 4th quarter worth $1,658,000. Hillsdale Investment Management Inc. grew its position in shares of TRX Gold by 144.1% in the fourth quarter. Hillsdale Investment Management Inc. now owns 1,817,781 shares of the company’s stock valued at $1,685,000 after purchasing an additional 1,073,200 shares during the period. Jane Street Group LLC increased its stake in TRX Gold by 4,455.7% in the fourth quarter. Jane Street Group LLC now owns 729,779 shares of the company’s stock valued at $672,000 after purchasing an additional 713,760 shares during the last quarter. Evergreen Capital Management LLC purchased a new position in TRX Gold during the second quarter worth about $136,000. Finally, Strategic Planning Inc. purchased a new position in TRX Gold during the third quarter worth about $205,000. 1.06% of the stock is currently owned by institutional investors and hedge funds.

TRX Gold Company Profile

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.