TRX Gold Co. (TSE:TNX – Get Free Report) (NYSE:TRX) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$35.79 and traded as high as C$44.43. TRX Gold shares last traded at C$44.32, with a volume of 0 shares.
TRX Gold Stock Performance
The company has a 50-day moving average of C$35.91 and a 200-day moving average of C$38.77. The firm has a market capitalization of C$12.42 billion, a price-to-earnings ratio of 47.00 and a beta of 0.55. The company has a current ratio of 0.90, a quick ratio of 0.64 and a debt-to-equity ratio of 0.19.
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.
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