FY2025 EPS Estimates for TRX Gold Increased by HC Wainwright

TRX Gold Co. (NYSE:TRX) – Analysts at HC Wainwright boosted their FY2025 earnings per share estimates for shares of TRX Gold in a research report issued to clients and investors on Tuesday, December 3rd. HC Wainwright analyst H. Ihle now expects that the company will earn $0.07 per share for the year, up from their prior estimate of $0.05. HC Wainwright currently has a “Buy” rating and a $1.50 price objective on the stock. The consensus estimate for TRX Gold’s current full-year earnings is $0.08 per share. HC Wainwright also issued estimates for TRX Gold’s FY2026 earnings at $0.11 EPS.

Separately, StockNews.com began coverage on shares of TRX Gold in a report on Thursday. They set a “hold” rating on the stock.

TRX Gold Price Performance

Shares of NYSE TRX opened at $0.35 on Wednesday. The company’s fifty day simple moving average is $0.38 and its 200 day simple moving average is $0.40. TRX Gold has a 12-month low of $0.31 and a 12-month high of $0.49.

Hedge Funds Weigh In On TRX Gold

A number of institutional investors have recently modified their holdings of TRX. Virtu Financial LLC acquired a new stake in TRX Gold in the 3rd quarter valued at $52,000. HighTower Advisors LLC lifted its stake in shares of TRX Gold by 9.6% in the third quarter. HighTower Advisors LLC now owns 334,456 shares of the company’s stock valued at $130,000 after buying an additional 29,416 shares in the last quarter. Finally, Ground Swell Capital LLC lifted its stake in shares of TRX Gold by 201.9% in the third quarter. Ground Swell Capital LLC now owns 72,823 shares of the company’s stock valued at $29,000 after buying an additional 48,705 shares in the last quarter. 1.06% of the stock is owned by institutional investors and hedge funds.

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.