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TRX Gold - TRX Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $1.58
  • Forecasted Upside: 242.54%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$0.46 As of 04/25/2024 01:00 AM ET
▲ +0.01 (2.22%)

This chart shows the closing price for TRX by one month, three months, or twelve months.

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Analyst Price Target for TRX

Analyst Price Target is $1.58
▲ +242.54% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for TRX Gold in the last 3 months. The average price target is $1.58, with a high forecast of $1.75 and a low forecast of $1.40. The average price target represents a 242.54% upside from the last price of $0.46.

This chart shows the closing price for TRX for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 2 investment analysts is to buy stock in TRX Gold. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/3/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/1/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/2/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/31/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/27/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/27/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/26/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/16/2024Alliance Global PartnersBoost TargetBuy ➝ Buy$1.50 ➝ $1.75Low
4/16/2024HC WainwrightBoost TargetBuy ➝ Buy$1.30 ➝ $1.40Low
7/20/2023HC WainwrightBoost Target$1.10 ➝ $1.30N/A
4/17/2023HC WainwrightReiterated RatingBuy$1.10N/A
3/14/2023HC WainwrightReiterated RatingBuy$1.10N/A
12/2/2022HC WainwrightBoost TargetBuy$1.00 ➝ $1.10Low
9/1/2022HC WainwrightBoost TargetBuy$0.70 ➝ $1.00Low
5/24/2022HC WainwrightInitiated CoverageBuy$0.70High
12/14/2021Roth CapitalReiterated RatingBuyN/A
2/16/2021Alliance Global PartnersInitiated CoverageBuy$1.50N/A
(Data available from 4/26/2019 forward)

News Sentiment Rating

0.48 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
Mentions as of
9/29/2023
  • 3 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/29/2023
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/28/2023
  • 0 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/28/2023
  • 2 very positive mentions
  • 3 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
1/27/2024
  • 3 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
2/26/2024
  • 3 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
3/27/2024
  • 6 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 1 very negative mentions
Mentions as of
4/26/2024

Current Sentiment

  • 6 very positive mentions
  • 14 positive mentions
  • 1 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

TRX Gold logo
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.
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Today's Range

Now: $0.46
Low: $0.45
High: $0.46

50 Day Range

MA: $0.40
Low: $0.32
High: $0.47

52 Week Range

Now: $0.46
Low: $0.31
High: $0.60

Volume

178,798 shs

Average Volume

572,947 shs

Market Capitalization

$128.25 million

P/E Ratio

46.03

Dividend Yield

N/A

Beta

0.65

Frequently Asked Questions

What sell-side analysts currently cover shares of TRX Gold?

The following sell-side analysts have issued research reports on TRX Gold in the last year: Alliance Global Partners, HC Wainwright, StockNews.com, and TheStreet.
View the latest analyst ratings for TRX.

What is the current price target for TRX Gold?

2 Wall Street analysts have set twelve-month price targets for TRX Gold in the last year. Their average twelve-month price target is $1.58, suggesting a possible upside of 242.5%. Alliance Global Partners has the highest price target set, predicting TRX will reach $1.75 in the next twelve months. HC Wainwright has the lowest price target set, forecasting a price of $1.40 for TRX Gold in the next year.
View the latest price targets for TRX.

What is the current consensus analyst rating for TRX Gold?

TRX Gold currently has 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TRX will outperform the market and that investors should add to their positions of TRX Gold.
View the latest ratings for TRX.

What other companies compete with TRX Gold?

Other companies that are similar to TRX Gold include Platinum Group Metals, Vox Royalty, Osisko Development, Hycroft Mining and U.S. GoldMining. Learn More about companies similar to TRX Gold.

How do I contact TRX Gold's investor relations team?

TRX Gold's physical mailing address is 277 Lakeshore Road East Suite 403, Oakville A6, L6J 1H9. The company's listed phone number is (844) 364-1830 and its investor relations email address is [email protected]. The official website for TRX Gold is trxgold.com. Learn More about contacing TRX Gold investor relations.