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TRX Gold Corporation (TRX)

Basic Materials | Gold | Oakville, Canada | NYSE American
1.45 USD +0.05 (3.571%) ⇧ (April 17, 2026, 4 p.m. EDT)

Short-term: ★★★★☆ | Long-term: ★★★☆☆ | Dividends: ☆☆☆☆☆
Hot Take | April 19, 2026, 12:47 a.m. EDT

Bullish momentum is being driven by operational success at the Buckreef project and strong analyst sentiment following Q2 2026 record production. However, the stock faces near-term headwinds due to negative operating margins and significant cash burn (negative FCF), which caps the long-term growth rating despite the 'Strong Buy' analyst consensus and attractive forward P/E.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.313858
AutoTheta0.467528
MSTL0.469361
AutoETS0.477479

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 80%
H-stat 0.08
Ljung-Box p 0.000
Jarque-Bera p 0.434
Excess Kurtosis -0.86
Attribute Value
Sector Basic Materials
Debt to Equity Ratio 4.591
Revenue per Share 0.319
Market Cap 472,240,192
Forward P/E 7.44
Beta 0.90
Profit Margins -23.45%
Previous Name Tanzanian Gold Corporation
Website https://www.trxgold.com

As of April 19, 2026, 12:47 a.m. EDT: Speculative positioning suggests a strong bullish bias. Call Open Interest (OI) is heavily skewed toward out-of-the-money strikes ($2.00), particularly at the $7-17 expiry, acting as a high-probability upside target. In contrast, put OI is concentrated in the In-The-Money (ITM) range at $1.00-$1.50, indicating a defense of the current floor rather than a bet for a crash. The skewer of OTM call OI relative to ITM put OI signals that the market is pricing in a move higher, likely towards the $2.00 level, treating downside protection as insurance against a mere dip.


Info Dump

Attribute Value
52 Week Change 3.3939395
Address1 277 Lakeshore Road East
Address2 Suite 403
All Time High 9.1
All Time Low 0.17
Ask 1.47
Ask Size 6,500
Average Analyst Rating 1.0 - Strong Buy
Average Daily Volume10 Day 4,030,110
Average Daily Volume3 Month 7,774,042
Average Volume 7,774,042
Average Volume10Days 4,030,110
Beta 0.904
Bid 1.45
Bid Size 6,600
Book Value 0.201
City Oakville
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 1.45
Current Ratio 2.369
Custom Price Alert Confidence HIGH
Date Short Interest 1,774,915,200
Day High 1.54
Day Low 1.43
Debt To Equity 4.591
Display Name TRX Gold
Earnings Call Timestamp End 1,745,413,200
Earnings Call Timestamp Start 1,745,413,200
Earnings Timestamp End 1,784,059,200
Earnings Timestamp Start 1,784,059,200
Ebitda 15,991,000
Ebitda Margins 0.16803
Enterprise To Ebitda 29.933
Enterprise To Revenue 5.03
Enterprise Value 478,662,144
Eps Current Year 0.02
Eps Forward 0.195
Eps Trailing Twelve Months -0.07
Esg Populated 0
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.6072
Fifty Day Average Change -0.15719998
Fifty Day Average Change Percent -0.09780984
Fifty Two Week Change Percent 339.39395
Fifty Two Week High 2.8
Fifty Two Week High Change -1.3499999
Fifty Two Week High Change Percent -0.48214284
Fifty Two Week Low 0.3
Fifty Two Week Low Change 1.1500001
Fifty Two Week Low Change Percent 3.8333335
Fifty Two Week Range 0.3 - 2.8
Financial Currency USD
First Trade Date Milliseconds 1,115,904,600,000
Float Shares 319,126,868
Forward Eps 0.195
Forward P E 7.435898
Free Cashflow -27,830,500
Full Exchange Name NYSE American
Full Time Employees 241
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.60570997
Gross Profits 57,644,000
Has Pre Post Market Data 1
Held Percent Insiders 0.0101
Held Percent Institutions 0.043130003
Implied Shares Outstanding 325,682,864
Industry Gold
Industry Disp Gold
Industry Key gold
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,756,598,400
Long Business Summary 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.
Long Name TRX Gold Corporation
Market us_market
Market Cap 472,240,192
Market State PRE
Max Age 86,400
Message Board Id finmb_877308
Most Recent Quarter 1,772,236,800
Name Change Date 2,026-04-19
Net Income To Common -22,317,000
Next Fiscal Year End 1,788,134,400
Non Diluted Market Cap 477,769,839
Number Of Analyst Opinions 4
Open 1.46
Operating Cashflow 24,744,000
Operating Margins -0.22044
Payout Ratio 0.0
Peg Ratio 1.0
Phone 437 224 5241
Prev Name Tanzanian Gold Corporation
Previous Close 1.4
Price Eps Current Year 72.50001
Price Hint 4
Price To Book 7.2139306
Price To Sales Trailing12 Months 4.9622264
Profit Margins -0.2345
Quick Ratio 1.476
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key strong_buy
Recommendation Mean 1.0
Region US
Regular Market Change 0.0500001
Regular Market Change Percent 3.57143
Regular Market Day High 1.54
Regular Market Day Low 1.43
Regular Market Day Range 1.43 - 1.54
Regular Market Open 1.46
Regular Market Previous Close 1.4
Regular Market Price 1.45
Regular Market Time 1,776,456,000
Regular Market Volume 4,604,746
Return On Assets 0.0541
Return On Equity -0.08783
Revenue Growth 2.741
Revenue Per Share 0.319
Sand P52 Week Change 0.38150132
Sector Basic Materials
Sector Disp Basic Materials
Sector Key basic-materials
Shares Outstanding 325,682,864
Shares Percent Shares Out 0.0075
Shares Short 2,449,944
Shares Short Previous Month Date 1,772,150,400
Shares Short Prior Month 2,021,992
Short Name TRX Gold Corporation
Short Percent Of Float 0.0077
Short Ratio 0.53
Source Interval 15
State ON
Symbol TRX
Target High Price 2.5
Target Low Price 1.8
Target Mean Price 2.2125
Target Median Price 2.275
Total Cash 26,026,000
Total Cash Per Share 0.08
Total Debt 5,162,000
Total Revenue 95,167,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.07
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 0.90605
Two Hundred Day Average Change 0.54395
Two Hundred Day Average Change Percent 0.6003532
Type Disp Equity
Volume 4,604,746
Website https://www.trxgold.com
Zip L6J 6J3