Roth Capital Weighs in on TRX Gold Co.’s FY2025 Earnings (NYSE:TRX)

TRX Gold Co. (NYSE:TRX) – Equities research analysts at Roth Capital increased their FY2025 earnings estimates for TRX Gold in a report released on Wednesday, April 17th. Roth Capital analyst M. Niehuser now expects that the company will post earnings per share of $0.08 for the year, up from their previous forecast of $0.07. The consensus estimate for TRX Gold’s current full-year earnings is $0.03 per share.

TRX Gold (NYSE:TRX) last issued its quarterly earnings data on Friday, April 12th. The company reported $0.01 earnings per share (EPS) for the quarter. The company had revenue of $7.98 million for the quarter, compared to analyst estimates of $9.40 million. TRX Gold had a net margin of 0.70% and a negative return on equity of 1.66%.

Several other equities analysts have also issued reports on the stock. HC Wainwright lifted their price target on shares of TRX Gold from $1.30 to $1.40 and gave the stock a “buy” rating in a report on Tuesday. StockNews.com started coverage on shares of TRX Gold in a report on Wednesday. They issued a “hold” rating on the stock. Finally, Alliance Global Partners lifted their price target on shares of TRX Gold from $1.50 to $1.75 and gave the stock a “buy” rating in a report on Tuesday.

TRX Gold Stock Up 2.2 %

Shares of TRX stock opened at $0.47 on Thursday. The company’s 50 day moving average is $0.39 and its 200 day moving average is $0.38. TRX Gold has a 52-week low of $0.31 and a 52-week high of $0.60. The firm has a market cap of $131.09 million, a price-to-earnings ratio of 47.00 and a beta of 0.65.

Institutional Investors Weigh In On TRX Gold

A number of large investors have recently made changes to their positions in TRX. Renaissance Technologies LLC grew its holdings in shares of TRX Gold by 325.1% during the first quarter. Renaissance Technologies LLC now owns 611,000 shares of the company’s stock valued at $189,000 after buying an additional 467,274 shares during the last quarter. Virtu Financial LLC purchased a new stake in shares of TRX Gold during the first quarter valued at $45,000. HighTower Advisors LLC grew its holdings in shares of TRX Gold by 12.8% during the fourth quarter. HighTower Advisors LLC now owns 297,190 shares of the company’s stock valued at $99,000 after buying an additional 33,690 shares during the last quarter. Morgan Stanley grew its holdings in shares of TRX Gold by 19.7% during the fourth quarter. Morgan Stanley now owns 179,454 shares of the company’s stock valued at $61,000 after buying an additional 29,575 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in shares of TRX Gold by 493.1% during the fourth quarter. Millennium Management LLC now owns 254,416 shares of the company’s stock valued at $86,000 after buying an additional 211,523 shares during the last quarter. 1.06% of the stock is owned by hedge funds and other 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.