TRX Gold Corp
TRX
Market cap $116M

0.4145 USD

+0.0044

1.07%

Updated Oct 22, 10:48 AM EDT

1 day

1.07%

5 days

4.46%

1 month

4.94%

3 months

-1.54%

6 months

-10.28%

Year to date

9.08%

1 year

1.10%

5 years

-44.38%

About: TRX Gold Corp, formerly Tanzanian Gold Corp is a mineral resource company. It is engaged in the acquisition of interests and the exploration of natural resource properties. Its mineral properties are located in the United Republic of Tanzania. The company's main area of interest has been in the exploration and development of gold properties. Its projects include the Buckreef project, Kigosi project, and Itetemia Gold project whereas, its exploration stage project consists of the Lunguya project and the Luhala project.

Employees: 120

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

22% more funds holding

Funds holding: 32 [Q1] → 39 (+7) [Q2]

0.08% less ownership

Funds ownership: 1.12% [Q1] → 1.04% (-0.08%) [Q2]

6% less capital invested

Capital invested by funds: $1.22M [Q1] → $1.15M (-$77.4K) [Q2]

44% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 9

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Research analyst outlook

We haven’t received any recent analyst ratings for TRX.

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Financial journalist opinion

Metallurgical Study Confirms Higher Gold Recoveries Attainable at Buckreef Gold

TORONTO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce completion of the ongoing metallurgical variability study at the Buckreef Gold Project, with results confirming excellent gold recovery rates for the processing of sulphide ore. Metallurgical test work on the sulphide ore portion of the project, which encompasses approximately 90% of the Buckreef Main Zone's 2M+ ounce Au Measured and Indicated Mineral Resources1, has been an important area of focus for the Company, as it continues to grow the project in a low-risk, low-cost, value accretive manner.

Metallurgical Study Confirms Higher Gold Recoveries Attainable at Buckreef Gold

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7 Gold Stocks to Buy as the Fed Moves Closer to Rate Cuts

TRX Gold Corporation (TRX) Q3 2024 Earnings Call Transcript

TRX Gold Corporation (NYSE:TRX ) Q3 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Christina Lalli - VP, IR Stephen Mullowney - CEO & Director Mike Leonard - CFO Conference Call Participants Mike Niehuser - ROTH Capital Partners Craig Sutherland - Conceptual Solutions Stephen Reiser - Family Office Operator Everyone, we'll just pause for a moment as participants make their way in from the lobby. It's now my pleasure to introduce Christina Lalli, Vice President Investor Relations with TRX Gold.

TRX Gold Corporation (TRX) Q3 2024 Earnings Call Transcript

Proactive Investors

TRX Gold completes major expansion, reports strong fiscal 3Q numbers

TRX Gold (TSX:TNX, NYSE-A:TRX) said it had completed the newly expanded 2,000 tpd processing facility. In a statement, TRX Gold (TSX:TNX, NYSE-A:TRX) said the plant has been consistently achieving an average throughput of 1,750 tpd, with a peak of 1,873 tpd—a 116% increase over Q3 2024.

TRX Gold completes major expansion, reports strong fiscal 3Q numbers

Ready, Set, Go - Newly Expanded Mill at Buckreef Gold is Operational

TORONTO, July 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce the completion of the expanded processing plant to 2,000 tonnes per day (“tpd”), and also reported its results for the third quarter of 2024 (“Q3 2024”) for the three months ended May 31, 2024. Financial results are available on the Company's website at www.TRXgold.com.

Ready, Set, Go - Newly Expanded Mill at Buckreef Gold is Operational

Proactive Investors

TRX Gold nears completion of plant expansion at Buckreef gold project

TRX Gold (TSX:TNX, NYSE-A:TRX) said it expects to double throughput to 2,000 tons per day and increase production at the Buckreef gold project as it nears completion of the plant expansion at the site. The company said the expansion is progressing on time, with first gold expected in June 2024.

TRX Gold nears completion of plant expansion at Buckreef gold project

TRX Gold Expects Significant Growth with Plant Expansion Nearing Completion

TORONTO, April 15, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the second quarter of 2024 (“Q2 2024”) for the three months ended February 29, 2024. Financial results are available on the Company's website at www.TRXgold.com.

TRX Gold Expects Significant Growth with Plant Expansion Nearing Completion

TRX Gold Reports 2023 Annual Meeting Voting Results

TORONTO, April 05, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is pleased to announce the voting results from its 2023 Annual General and Special Meeting, held February 29, 2024.

TRX Gold Reports 2023 Annual Meeting Voting Results

TRX Gold Corporation Announces Ticker Symbol Change on the Toronto Stock Exchange to “TRX”

TORONTO, Jan. 22, 2024 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TNX) (NYSE American: TRX) (the “Company” or “TRX Gold”) is announcing today that the Company's common shares listed on the Toronto Stock Exchange will begin trading under the symbol "TRX" effective Thursday January 25, 2024. The new Canadian ticker symbol will now match the Company's US ticker symbol, currently trading as “TRX” on the NYSE American exchange. This change is meant to provide better alignment of the Company's brand within Canadian and United States capital markets.

TRX Gold Corporation Announces Ticker Symbol Change on the Toronto Stock Exchange to “TRX”

TRX Gold Corporation (TRX) Q1 2024 Earnings Call Transcript

TRX Gold Corporation (TRX) Q1 2024 Earnings Call Transcript

TRX Gold Corporation (TRX) Q1 2024 Earnings Call Transcript

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