Brokers Offer Predictions for TRX Gold FY2026 Earnings

TRX Gold Co. (NYSEAMERICAN:TRX) – Equities researchers at Zacks Research cut their FY2026 earnings per share (EPS) estimates for TRX Gold in a report issued on Wednesday, April 22nd. Zacks Research analyst R. Wortel now forecasts that the company will post earnings per share of $0.01 for the year, down from their previous forecast of $0.06.

TRX has been the topic of several other reports. HC Wainwright reaffirmed 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 TRX Gold and gave the stock a “buy” rating in a research report on Monday, February 9th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $2.28.

TRX Gold Stock Performance

TRX Gold stock opened at $1.24 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.37 and a quick ratio of 1.52. TRX Gold has a one year low of $0.30 and a one year high of $2.80. The stock has a market capitalization of $404.15 million, a PE ratio of -17.71 and a beta of 0.48. The business’s fifty day moving average is $1.57 and its 200 day moving average is $1.16.

Institutional Investors Weigh In On TRX Gold

A number of large investors have recently made changes to their positions in TRX. Cetera Investment Advisers grew its stake in shares of TRX Gold by 54.4% during the 4th quarter. Cetera Investment Advisers now owns 28,373 shares of the company’s stock valued at $26,000 after purchasing an additional 10,000 shares during the period. MAI Capital Management bought a new stake in shares of TRX Gold during the 3rd quarter valued at about $30,000. Jane Street Group LLC grew its stake in shares of TRX Gold by 157.7% during the 2nd quarter. Jane Street Group LLC now owns 108,573 shares of the company’s stock valued at $36,000 after purchasing an additional 66,437 shares during the period. SPWM Advisors LLC bought a new stake in shares of TRX Gold during the 4th quarter valued at about $51,000. Finally, Virginia Wealth Management Group Inc. bought a new stake in shares of TRX Gold during the 3rd quarter valued at about $62,000. 1.06% of the stock is currently owned by institutional investors.

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.