Zacks Research Issues Positive Outlook for TRX Gold Earnings

TRX Gold Co. (NYSEAMERICAN:TRX) – Zacks Research lifted their Q3 2026 earnings estimates for TRX Gold in a note issued to investors on Wednesday, April 22nd. Zacks Research analyst R. Wortel now forecasts that the company will post earnings per share of $0.04 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 equities analysts have also weighed in on the stock. Roth Mkm set a $2.25 price objective on shares of TRX Gold and gave the company a “buy” rating in a research report on Monday, February 9th. HC Wainwright reiterated a “buy” rating and issued a $2.30 price objective on shares of TRX Gold in a research report on Thursday, April 16th. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $2.28.

TRX Gold Stock Performance

NYSEAMERICAN:TRX opened at $1.29 on Thursday. The firm’s fifty day moving average price is $1.58 and its 200 day moving average price is $1.15. TRX Gold has a 1-year low of $0.30 and a 1-year high of $2.80. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.37 and a quick ratio of 1.52. The firm has a market cap of $420.45 million, a price-to-earnings ratio of -18.43 and a beta of 0.48.

Hedge Funds Weigh In On TRX Gold

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers grew its position in TRX Gold by 54.4% in the 4th quarter. Cetera Investment Advisers now owns 28,373 shares of the company’s stock valued at $26,000 after buying an additional 10,000 shares during the last quarter. Sprott Inc. lifted its holdings in TRX Gold by 34.9% in the fourth quarter. Sprott Inc. now owns 95,721 shares of the company’s stock valued at $88,000 after acquiring an additional 24,746 shares during the period. BNP Paribas Financial Markets lifted its holdings in TRX Gold by 6.2% in the third quarter. BNP Paribas Financial Markets now owns 482,536 shares of the company’s stock valued at $301,000 after acquiring an additional 27,966 shares during the period. MAI Capital Management acquired a new stake in TRX Gold in the third quarter valued at $30,000. Finally, SPWM Advisors LLC acquired a new stake in TRX Gold in the fourth quarter valued at $51,000. 1.06% of the stock is currently owned by hedge funds and other institutional investors.

About TRX Gold

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.