FY2025 EPS Estimates for TRX Gold Reduced by HC Wainwright

TRX Gold Co. (NYSE:TRX) – Research analysts at HC Wainwright dropped their FY2025 EPS estimates for shares of TRX Gold in a report issued on Wednesday, April 16th. HC Wainwright analyst H. Ihle now expects that the company will post earnings per share of $0.02 for the year, down from their prior estimate of $0.03. The consensus estimate for TRX Gold’s current full-year earnings is $0.04 per share.

Separately, StockNews.com initiated coverage on shares of TRX Gold in a research report on Saturday, April 12th. They set a “hold” rating for the company.

TRX Gold Stock Performance

NYSE TRX opened at $0.33 on Thursday. The company has a market capitalization of $93.09 million, a P/E ratio of -33.00 and a beta of 0.37. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.83 and a quick ratio of 0.51. TRX Gold has a 1-year low of $0.27 and a 1-year high of $0.49. The business has a 50 day moving average price of $0.31 and a 200 day moving average price of $0.34.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Virtu Financial LLC purchased a new stake in TRX Gold during the third quarter valued at about $52,000. Sprott Inc. boosted its position in TRX Gold by 506.7% during the 4th quarter. Sprott Inc. now owns 145,454 shares of the company’s stock worth $45,000 after purchasing an additional 121,479 shares during the period. Financial Sense Advisors Inc. increased its holdings in TRX Gold by 24.3% in the 4th quarter. Financial Sense Advisors Inc. now owns 168,483 shares of the company’s stock valued at $52,000 after purchasing an additional 32,991 shares in the last quarter. HighTower Advisors LLC raised its position in TRX Gold by 9.6% in the third quarter. HighTower Advisors LLC now owns 334,456 shares of the company’s stock valued at $130,000 after purchasing an additional 29,416 shares during the period. Finally, BNP Paribas Financial Markets acquired a new position in TRX Gold during the 4th quarter worth approximately $120,000. Institutional investors and hedge funds own 1.06% of the company’s stock.

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.