GoAI
Get started
TRX Gold Corporation logo

TRX Gold Corporation

TRX

AMEXBasic MaterialsGold

Open in GoAI

Previous close

$1.20

+$0.03 · +2.56%

Aug 21, 4:00 PM ET

Pre-market

$1.21

+$0.01 · +0.83%

Aug 24, 6:10 AM ET

TRX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Strong Sell

Exit — multiple negative signals converging

Valuation

1

Overpriced

Momentum

19

Strong Down

Sentiment

47

Mixed

Risk resilience

33

High Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

TRX Gold Corporation engages in the exploration, development, and production of mineral property in Tanzania. Its flagship project is the Buckreef Gold Project in Tanzania. The company was formerly known as Tanzanian Gold Corporation and changed its name to TRX Gold Corporation in May 2022. The company was incorporated in 1990 and is based in Oakville, Canada.

Industry
Gold
Sector
Basic Materials
Headquarters
CA
CEO
Stephen Mullowney
Listed since
May 12, 2005
Employees
252

Market position

Day range

Current $1.20

52-week range

Current $1.20

Open
$1.185
Previous close
$1.17
Volume
3.77M
1.46× average
Average volume
2.58M
Average daily volume
Market cap
392.81M USD
Beta
0.89
Market reference 1
50-day average
$0.8902
+34.80% above average
200-day average
$1.1276
+6.43% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
99.12M CAD
P/E (TTM)
-17.75×
P/B (TTM)
3.86×
P/S (TTM)
3.71×
EV / EBITDA
3.86×
Earnings yield
0.87%
Free cash flow yield
2.38%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
59.49%
Operating margin
49.34%
Net margin
-18.70%
Return on equity
0.87%
Return on assets
0.43%
Return on invested capital
5.56%

Financial health

Debt / equity
0.06×
Current ratio
1.04×
Altman Z-score
3.32
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends73%32%-10%-52%Gross margin, FY2022: 62.95%Gross margin, FY2023: 46.55%Gross margin, FY2024: 43.14%Gross margin, FY2025: 41.55%Operating margin, FY2022: 3.85%Operating margin, FY2023: 27.57%Operating margin, FY2024: 26.82%Operating margin, FY2025: 27.50%Net margin, FY2022: -41.18%Net margin, FY2023: 5.87%Net margin, FY2024: -0.90%Net margin, FY2025: 1.19%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2022 62.95%. Gross margin FY2023 46.55%. Gross margin FY2024 43.14%. Gross margin FY2025 41.55%. Operating margin FY2022 3.85%. Operating margin FY2023 27.57%. Operating margin FY2024 26.82%. Operating margin FY2025 27.50%. Net margin FY2022 -41.18%. Net margin FY2023 5.87%. Net margin FY2024 -0.90%. Net margin FY2025 1.19%.

Income trends

Revenue

79.14M CAD+4.85%

Operating income

21.77M CAD+7.50%

Net income

943.69K CAD+1.62M CAD
Income trends across reported periods88.27M CAD51.74M CAD15.2M CAD−21.33M CADRevenue, FY2022: 19.82M CADRevenue, FY2023: 70.05M CADRevenue, FY2024: 75.48M CADRevenue, FY2025: 79.14M CADOperating income, FY2021: −12.2M CADOperating income, FY2022: 763.1K CADOperating income, FY2023: 19.31M CADOperating income, FY2024: 20.25M CADOperating income, FY2025: 21.77M CADNet income, FY2021: −5.03M CADNet income, FY2022: −8.16M CADNet income, FY2023: 4.11M CADNet income, FY2024: −676.29K CADNet income, FY2025: 943.69K CADFY2021FY2022FY2023FY2024FY2025
Revenue FY2022 19.82M CAD. Revenue FY2023 70.05M CAD. Revenue FY2024 75.48M CAD. Revenue FY2025 79.14M CAD. Operating income FY2021 −12.2M CAD. Operating income FY2022 763.1K CAD. Operating income FY2023 19.31M CAD. Operating income FY2024 20.25M CAD. Operating income FY2025 21.77M CAD. Net income FY2021 −5.03M CAD. Net income FY2022 −8.16M CAD. Net income FY2023 4.11M CAD. Net income FY2024 −676.29K CAD. Net income FY2025 943.69K CAD.
Metric (CAD)FY2025FY2024FY2023FY2022FY2021
Revenue79.14M CAD75.48M CAD70.05M CAD19.82M CAD—
Cost of goods sold46.26M CAD42.92M CAD37.44M CAD7.35M CAD—
Gross profit32.88M CAD32.56M CAD32.61M CAD12.48M CAD—
Selling, general, and administrative10.85M CAD12.32M CAD13.29M CAD11.72M CAD11.82M CAD
Operating expenses11.12M CAD12.32M CAD13.29M CAD11.72M CAD12.2M CAD
Interest expense541.21K CAD2.71M CAD2.31M CAD626.51K CAD8.79K CAD
Depreciation and amortization5.28M CAD4.34M CAD2.95M CAD160.24K CAD359.34K CAD
Operating income21.77M CAD20.25M CAD19.31M CAD763.1K CAD−12.2M CAD
Net income943.69K CAD−676.29K CAD4.11M CAD−8.16M CAD−5.03M CAD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
10%
1 beat, 9 misses, 0 met estimates
Average EPS surprise
-121.04%
10 comparable reports
Latest EPS result
0.01
Estimate 0.04 · Miss by 75.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.080.02-0.05-0.11Q2 '25MissQ3 '25MissQ4 '25MissQ1 '26BeatQ2 '26MissQ3 '26MissQ4 '26EstimateQ4 '26Estimate
Q2 2025, reported Apr 15, 2025: actual -0.01, estimate 0.01, surprise -200.00%, Miss. Q3 2025, reported Jul 14, 2025: actual -0.001, estimate 0.01, surprise -107.30%, Miss. Q4 2025, reported Dec 1, 2025: actual 0.01, estimate 0.02, surprise -50.00%, Miss. Q1 2026, reported Jan 15, 2026: actual 0.03, estimate 0.02, surprise +50.00%, Beat. Q2 2026, reported Apr 14, 2026: actual -0.07, estimate 0.02, surprise -450.00%, Miss. Q3 2026, reported Jul 15, 2026: actual 0.01, estimate 0.04, surprise -75.00%, Miss. Q4 2026, reported Nov 27, 2026: actual —, estimate 0.031, surprise —, Comparison unavailable. Q4 2026, reported Dec 7, 2026: actual —, estimate 0.02, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates39.42M28.75M18.08M7.42MQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26MissQ4 '26EstimateQ4 '26Estimate
Q2 2025, reported Apr 15, 2025: actual 8.75M USD, estimate 8.72M USD, surprise +0.31%, Beat. Q3 2025, reported Jul 14, 2025: actual 12.45M USD, estimate 17.11M USD, surprise -27.27%, Miss. Q4 2025, reported Dec 1, 2025: actual 23.88M USD, estimate 20.35M USD, surprise +17.32%, Beat. Q1 2026, reported Jan 15, 2026: actual 24.95M USD, estimate 29.42M USD, surprise -15.20%, Miss. Q2 2026, reported Apr 14, 2026: actual 34.31M USD, estimate 32.66M USD, surprise +5.05%, Beat. Q3 2026, reported Jul 15, 2026: actual 33.4M USD, estimate 35.59M USD, surprise -6.17%, Miss. Q4 2026, reported Nov 27, 2026: actual —, estimate 37.15M USD, surprise —, Comparison unavailable. Q4 2026, reported Dec 7, 2026: actual —, estimate 32.05M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$1.88

56.67% upside
Past 12 months12-month forecastHigh $2.25Average $1.88Low $1.50

Recent analyst actions

1 institution

TRX news

defenseworld.net

TRX Gold (TSE:TNX) Stock Price Passes Below 200-Day Moving Average – Should You Sell?

TRX Gold Co. (TSE: TNX - Get Free Report) (NYSE: TRX)'s stock price crossed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of C$40.93 and traded as low as C$40.60. TRX…

Read source
fool.com

Crypto Market Today, Aug. 14: Bitcoin Slips as SEC Tokenization Progress Stalls

As of early evening on Aug. 14, Bitcoin (BTC -1.18%) fell 0.86% to $62,874.95, Ethereum (ETH -0.70%) fell 0.35% to $1,877.90, and Solana (SOL -1.72%) fell 1.47% to $75.06. The total crypto market cap fell 0.62% to $2.24…

Read source
seekingalpha.com

TRX Gold: Trading Near Fair Value, Menu Of Catalysts Into 2028

TRX Gold offers medium- to long-term value, underpinned by operational efficiencies, resource upgrades, and ambitious expansion plans at its Buckreef mine. Recent investments have driven record revenues and margins, with…

Read source
fool.com

Crypto Market Today, Aug. 12: Bitcoin Slips Despite Cooling Inflation

As of early evening on Aug. 12, Bitcoin (BTC -0.46%) fell 0.3% to $63,503.38, Ethereum (ETH -0.08%) gained 0.2% to $1,884.51, and Solana (SOL -1.03%) fell 0.4% to $75.80. The total crypto market cap dropped by 0.2% to…

Read source
seekingalpha.com

TRX Gold: Buckreef Is Working, But The Bigger Test Is Still Ahead

TRX Gold is rated a speculative buy, driven by strong Q3 2026 results and clear leverage to high gold prices. TRX delivered record adjusted EBITDA, robust cash flow, and improved plant operations at Buckreef, validating…

Read source
fool.com

Crypto Market Today, Aug. 4: Bitcoin Steadies Near $64,000 Despite Ongoing Coldcard Hack

As of early evening on Aug. 4, Bitcoin (BTC +1.18%) rose 0.9% to $64,267.64, Ethereum (ETH +0.56%) rose 0.5% to $1,874.13, and Solana (SOL +0.72%) rose 0.6% to $74.13.

Read source

TRX peers

Equinox Gold Corp. logo

EQX

Equinox Gold Corp.

$13.53

+5.05%

B2Gold Corp. logo

BTG

B2Gold Corp.

$5.52

+2.60%

Grupo Simec, S.A.B. de C.V. logo

SIM

Grupo Simec, S.A.B. de C.V.

$30.52

+10.98%

NovaGold Resources Inc. logo

NG

NovaGold Resources Inc.

$8.72

+0.69%

Trekor Metals Limited logo

TGB

Trekor Metals Limited

$9.19

+5.75%

Silvercorp Metals Inc. logo

SVM

Silvercorp Metals Inc.

$12.53

-0.87%

Continue in GoAI

Research TRX

research.disclaimer