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

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

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

Other equities research analysts also recently issued reports about the company. StockNews.com started coverage on TRX Gold in a report on Wednesday. They issued a “hold” rating for the company. Alliance Global Partners boosted their price target on TRX Gold from $1.50 to $1.75 and gave the company a “buy” rating in a report on Tuesday. Finally, HC Wainwright boosted their price objective on TRX Gold from $1.30 to $1.40 and gave the company a “buy” rating in a research report on Tuesday.

TRX Gold Stock Performance

TRX Gold stock opened at $0.45 on Thursday. The stock’s 50 day moving average price is $0.38 and its 200 day moving average price is $0.38. The firm has a market capitalization of $124.54 million, a PE ratio of 47.01 and a beta of 0.65. TRX Gold has a one year low of $0.31 and a one year high of $0.60.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtu Financial LLC boosted its position in TRX Gold by 211.1% during the 4th quarter. Virtu Financial LLC now owns 109,558 shares of the company’s stock valued at $37,000 after purchasing an additional 74,338 shares during the period. Bedel Financial Consulting Inc. acquired a new position in TRX Gold during the 2nd quarter valued at approximately $44,000. Morgan Stanley boosted its position in TRX Gold by 19.7% during the 4th quarter. Morgan Stanley now owns 179,454 shares of the company’s stock worth $61,000 after acquiring an additional 29,575 shares during the period. Millennium Management LLC boosted its position in TRX Gold by 493.1% during the 4th quarter. Millennium Management LLC now owns 254,416 shares of the company’s stock worth $86,000 after acquiring an additional 211,523 shares during the period. Finally, HighTower Advisors LLC boosted its position in TRX Gold by 12.8% during the 4th quarter. HighTower Advisors LLC now owns 297,190 shares of the company’s stock worth $99,000 after acquiring an additional 33,690 shares during the period. 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.