TRX Gold Corporation with ticker code (TRX) now have 3 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 1.1 and 1 and has a mean target at $1.06. Now with the previous closing price of $.46 and the analysts are correct then there would likely be a percentage uptick in value of 130.4%. The 50 day MA is $.43 and the 200 day MA is $.41. The market cap for the company is $134m. You can visit the company’s website by visiting: https://www.trxgold.com
The potential market cap would be $309m based on the market consensus.
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. TRX Gold Corporation was incorporated in 1990 and is based in Oakville, Canada.
The company is not paying dividends at this time.
