TRX Gold Corporation (TRX)Basic Materials | Gold | Oakville, Canada | NYSE American
1.15 USD
-0.07
(-5.738%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 1.16 +0.01 (0.739%) ⇧ (Aug. 28, 2026, 7:54 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:53 a.m. EDT
The investment case here is fractured between a desperate long-term reality and aggressive short-term speculation. Fundamentally, the business is deteriorating; the price has lost nearly 62% of its value over the last nine years, and the company has endured three consecutive years of negative annual returns. With negative earnings, negative free cash flow, and no dividend history, the long-term outlook is weak, offering no safety margin for a buy-and-hold strategy. However, the short-term picture tells a different story driven entirely by sentiment. Options data reveals a heavy concentration of call buying at strikes significantly above the current price, indicating speculators are positioning for a sharp rebound, likely fueled by the broader gold rally mentioned in recent headlines. While the statistical forecast model offers no directional edge, the disconnect between the broken fundamentals and the aggressive options flow creates a volatile environment suitable only for tactical traders, not investors. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.155159 |
| AutoETS | 0.158185 |
| AutoARIMA | 0.158868 |
| AutoTheta | 0.170315 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 40% |
| H-stat | 0.85 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.096 |
| Excess Kurtosis | -0.71 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Debt to Equity Ratio | 4.458 |
| Revenue per Share | 0.376 |
| Market Cap | 376,595,104 |
| Forward P/E | 6.76 |
| Beta | 0.89 |
| Profit Margins | -16.67% |
| Previous Name | Tanzanian Gold Corporation |
| Website | https://www.trxgold.com |
As of Aug. 22, 2026, 4:53 a.m. EDT: Speculators are overwhelmingly bullish on the upside, evidenced by massive open interest in out-of-the-money calls (strikes at $1.50 and $2.00) compared to negligible put volume. This 'call skew' suggests a bet on a commodity-driven rally or a turnaround story, despite the underlying stock trading near its 52-week lows.
| Attribute | Value |
|---|---|
| 52 Week Change | 2.128205 |
| Address1 | 277 Lakeshore Road East |
| Address2 | Suite 403 |
| All Time High | 9.1 |
| All Time Low | 0.17 |
| Ask | 1.18 |
| Ask Size | 6,900 |
| Average Daily Volume10 Day | 3,018,260 |
| Average Daily Volume3 Month | 2,157,316 |
| Average Volume | 2,157,316 |
| Average Volume10Days | 3,018,260 |
| Beta | 0.893 |
| Bid | 1.16 |
| Bid Size | 7,700 |
| Book Value | 0.27 |
| City | Oakville |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Canada |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.15 |
| Current Ratio | 2.201 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 1.27 |
| Day Low | 1.14 |
| Debt To Equity | 4.458 |
| Display Name | TRX Gold |
| Earnings Call Timestamp End | 1,745,413,200 |
| Earnings Call Timestamp Start | 1,745,413,200 |
| Earnings Timestamp | 1,784,145,600 |
| Earnings Timestamp End | 1,784,145,600 |
| Earnings Timestamp Start | 1,784,145,600 |
| Ebitda | 30,852,000 |
| Ebitda Margins | 0.26702 |
| Enterprise To Ebitda | 13.318 |
| Enterprise To Revenue | 3.556 |
| Enterprise Value | 410,894,304 |
| Eps Current Year | -0.03 |
| Eps Forward | 0.17 |
| Eps Trailing Twelve Months | -0.06 |
| Esg Populated | 0 |
| Exchange | ASE |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.9114 |
| Fifty Day Average Change | 0.23859996 |
| Fifty Day Average Change Percent | 0.26179498 |
| Fifty Two Week Change Percent | 212.82051 |
| Fifty Two Week High | 2.8 |
| Fifty Two Week High Change | -1.65 |
| Fifty Two Week High Change Percent | -0.58928573 |
| Fifty Two Week Low | 0.37 |
| Fifty Two Week Low Change | 0.78 |
| Fifty Two Week Low Change Percent | 2.108108 |
| Fifty Two Week Range | 0.37 - 2.8 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,115,904,600,000 |
| Float Shares | 319,460,720 |
| Forward Eps | 0.17 |
| Forward P E | 6.7647057 |
| Free Cashflow | -24,592,124 |
| Full Exchange Name | NYSE American |
| Full Time Employees | 336 |
| Fullday Change | -0.0700001 |
| Fullday Change Percent | -5.73771 |
| Fullday Price | 1.1585 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.63854 |
| Gross Profits | 73,778,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.01011 |
| Held Percent Institutions | 0.06639 |
| Implied Shares Outstanding | 327,474,009 |
| Industry | Gold |
| Industry Disp | Gold |
| Industry Key | gold |
| Is Earnings Date Estimate | 0 |
| 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 | 376,595,104 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_877308 |
| Most Recent Quarter | 1,780,185,600 |
| Name Change Date | 2,026-08-28 |
| Net Income To Common | -19,260,000 |
| Next Fiscal Year End | 1,788,134,400 |
| Non Diluted Market Cap | 403,550,034 |
| Number Of Analyst Opinions | 4 |
| Open | 1.23 |
| Operating Cashflow | 30,625,000 |
| Operating Margins | 0.47711 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.0 |
| Phone | 437 224 5241 |
| Post Market Change | 0.00849998 |
| Post Market Change Percent | 0.7391287 |
| Post Market Price | 1.1585 |
| Post Market Time | 1,787,961,291 |
| Prev Name | Tanzanian Gold Corporation |
| Previous Close | 1.22 |
| Price Eps Current Year | -38.333332 |
| Price Hint | 4 |
| Price To Book | 4.259259 |
| Price To Sales Trailing12 Months | 3.2594066 |
| Profit Margins | -0.16669 |
| Quick Ratio | 1.409 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.0700001 |
| Regular Market Change Percent | -5.73771 |
| Regular Market Day High | 1.27 |
| Regular Market Day Low | 1.14 |
| Regular Market Day Range | 1.14 - 1.27 |
| Regular Market Open | 1.23 |
| Regular Market Previous Close | 1.22 |
| Regular Market Price | 1.15 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 3,446,579 |
| Return On Assets | 0.10982 |
| Return On Equity | -0.0067000003 |
| Revenue Growth | 1.633 |
| Revenue Per Share | 0.376 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 327,474,009 |
| Shares Percent Shares Out | 0.0056 |
| Shares Short | 1,829,811 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 1,783,786 |
| Short Name | TRX Gold Corporation |
| Short Percent Of Float | 0.0057 |
| Short Ratio | 0.79 |
| Source Interval | 15 |
| State | ON |
| Symbol | TRX |
| Target High Price | 2.5 |
| Target Low Price | 2.25 |
| Target Mean Price | 2.3625 |
| Target Median Price | 2.35 |
| Total Cash | 26,842,000 |
| Total Cash Per Share | 0.082 |
| Total Debt | 5,400,000 |
| Total Revenue | 115,541,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.06 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 1.14035 |
| Two Hundred Day Average Change | 0.009649992 |
| Two Hundred Day Average Change Percent | 0.008462307 |
| Type Disp | Equity |
| Volume | 3,446,579 |
| Website | https://www.trxgold.com |
| Zip | L6J 6J3 |