TRX Gold Corporation TRX

1.29 0.00 0.00% as of 25 Sep
Market cap
$423.5M
P/E
0.0×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 3.53%

Capital & Financial Ratios

Market Cap 423.53
Revenue 115.54
Net Income (0.64)
Free Cash Flow 3.19
Net Debt (22.93)
Current Ratio 2.20
Debt/Equity 0.03
P/E ratio 0.00
P/S ratio 3.70
P/B ratio 3.53
Past 5Y EPS Growth 60.58%
This Y EPS Growth 300.00%
Next Y EPS Growth 2,100.00%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 8 8 8 27
Receivables 3 2 4 16
Inventory 5 6 13 23
Other — — — —
17 18 26 67
2023 2024 2025 Q'26
Payables 12 16 18 12
ST’ Debt 0 — — 0
Other 4 2 1 —
18 21 25 30
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — — 56.28%
Cash Flow 0.00% 0.00% 76.62%
Earnings 0.00% 0.00% 0.00%
Book Value 6.88% 24.47% 13.24%

Revenue

Nov Feb May Aug Year
’26 25 34 33 — —
’25 13 9 12 24 58
’24 9 8 10 14 41
’23 10 10 9 9 38
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Nov Feb May Aug Year
’26 4 9 8 — —
’25 2 2 2 10 16
’24 5 1 3 6 15
’23 7 5 3 3 17
’22 (3) 2 2 2 3
’21 (2) (2) (2) (3) (8)
’20 (1) 0 (2) (3) (7)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Nov Feb May Aug Year
’26 0 (3) 0 — —
’25 (1) 0 (2) 6 3
’24 1 0 0 1 2
’23 1 1 (2) 0 0
’22 (6) (1) (3) 1 (10)
’21 (4) (3) (5) (5) (17)
’20 (2) (3) (3) (5) (14)
in millions of $ · fiscal quarters ending in the months shown

EPS

Nov Feb May Aug Year
’26 (0.01) (0.07) 0.01 — —
’25 0.00 (0.01) 0.00 0.01 0.00
’24 0.00 0.00 (0.01) 0.01 0.00
’23 0.01 0.00 0.00 0.01 0.01
’22 (0.01) (0.01) 0.01 (0.02) (0.02)
’21 (0.01) 0.00 0.00 (0.01) (0.02)
’20 (0.01) (0.01) (0.04) (0.02) (0.07)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
0.17 0.24 0.27 0.25 0.36 0.34 0.26 0.33 0.28 0.27

Analyst estimates 2026–2028

Powerpack
Low Price
1.49 0.63 0.68 1.20 1.09 1.91 0.55 0.60 0.49 1.02
High Price
15 16 16 34 34 101 366 389 287 414
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
— — — — — — 15 38 41 58
Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 62.14% 47.48% 43.56% 41.55%
Gross Margin
(10) (5) (5) (22) (12) (5) (2) 12 10 14
EBT
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% (12.50%) 32.30% 25.11% 25.09%
EBT Margin
(10) (5) (5) (22) (12) (5) (2) 7 4 7
Net Income
0 0 0 0 0 0 0 1 2 4
Depreciation
0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.14 0.14 0.20
Revenue/Sh
(0.09) (0.04) (0.05) (0.17) (0.07) (0.02) (0.02) 0.01 0.00 0.00
Earnings/Sh
(0.01) (0.03) (0.01) (0.03) (0.04) (0.03) 0.01 0.06 0.05 0.06
Cash Flow/Sh
(0.01) (0.01) (0.01) (0.02) (0.04) (0.04) (0.05) (0.06) (0.05) (0.05)
Capex/Sh
(0.02) (0.04) (0.02) (0.04) (0.08) (0.07) (0.04) 0.00 0.01 0.01
Free CF/Sh
0.25 0.23 0.22 0.11 0.15 0.20 0.19 0.22 0.23 0.25
Book Value/Sh
108 118 123 136 167 232 267 282 290 293
Shares
— — — — — — 0.00 19.50 0.00 0.00
PE Ratio
— — — — — — 0.00 2.87 2.67 1.98
PS Ratio
— — — — — — 2.51 1.80 1.67 1.54
PB Ratio
— — — — — — 0.00 2.68 2.50 1.93
EV/Sales
— — — — — — (13.26) (223.06) 62.72 43.12
EV/FCF
(1) (3) (2) (4) (7) (8) 3 17 15 16
Op' Cash Flow
(1) (1) (1) (2) (7) (9) (12) (18) (14) (14)
Capex
(2) (4) (3) (6) (14) (17) (10) 0 2 3
FCF
(9) (5) (9) (7) (5) 8 (1) (1) (3) 1
Working Cap'
2 3 6 5 5 — — 0 1 2
Total Debt
2 2 6 3 1 (13) (8) (8) (7) (6)
Net Debt
27 27 27 15 25 46 51 61 66 74
Sh' Equity
(23.34%) (11.81%) (13.02%) (62.53%) (34.29%) (8.46%) (9.69%) 2.88% (0.51%) 0.64%
ROA
(4.77%) (8.16%) (7.55%) (13.59%) (19.06%) (18.38%) 0.67% 12.34% 11.76% 14.67%
ROIC
(29.45%) (16.74%) (19.30%) (105.60%) (57.77%) (11.23%) (12.74%) 4.01% (0.74%) 0.98%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Aug 2025 · latest quarter May 2026

TRX Gold Corporation (TRX) key facts

  • TRX Gold Corporation (TRX) is a Gold company in the Basic Materials sector, listed on NYSE American.
  • TRX Gold Corporation’s revenue for fiscal 2025 (year ended August 2025) was CAD 57.6 million, up 40.0% from fiscal 2024.
  • Net income was CAD 6.6 million, or CAD 0.00 per share (basic), a net margin of 1.19%.
  • As of September 25, 2026, TRX traded at $1.29, a market capitalization of $423.5 million.
  • Return on equity was 0.98% and debt-to-equity 0.03.

Source: company filings (standardised) and stockrow calculations.

TRX Gold Corporation (TRX) Latest News

News by impact score

Fine-tune

16 Sep

3

TRX Gold faces delays acquiring surface rights amid gold prices near record highs. High gold prices support TRX revenue while surface acquisition delays constrain operational expansion.

14 Sep

4

TRX Gold achieved record Q4 2026 production and met the top end of its guidance. Record quarterly production at guidance top signals strong operations and revenue upside for TRX Gold.

3

TRX Gold Corporation joins the MVIS Global Junior Gold Miners Index. Index inclusion may draw fund inflows and lift trading visibility for the company.

22 Jul

4

TRX Gold posts record quarter reinforcing $2.40 target as Buckreef largest expansion shifts from planning to execution. Record results plus Buckreef expansion execution drive major operational growth and stronger market valuation for TRX.

16 Jul

3

TRX Gold held Q3 earnings call highlighting financial results and operational updates. Quarterly earnings updates affect financial performance visibility and investor views without major strategic shifts.

3 transcript

TRX Gold Corporation held its Q3 2026 earnings call covering financial results and operations. Quarterly earnings updates deliver financial data and guidance that can shift near-term investor sentiment and valuation.

15 Jul

3

TRX Gold Corporation released its third quarter 2026 financial results. Quarterly results disclosure supplies performance metrics that can shift near-term investor views on TRX Gold.

5 Jun

4

TRX Gold reported Q3 2026 production with record throughput, reaffirmed guidance, and accelerated plant expansion. Record throughput plus accelerated expansion signals major operational gains and capacity growth ahead.

9 May

4

TRX Gold (TSX:TRX) shares rose 11.4% after improving Buckreef gold recoveries and announcing plans to expand mill capacity, prompting evaluation of whether the bull case has strengthened. Operational improvements at Buckreef and mill expansion plans boost production capacity and future revenues for TRX Gold.

7 May

4

TRX Gold Corporation reports improved gold recovery rates and expansion plans, positioning it as a top oversold Canadian stock for investment. Improved recovery rates boost operational efficiency and expansion drives production growth, significantly enhancing TRX's future performance and investor appeal.

28 Apr

3

Wall Street analysts assess TRX Gold Corporation as a potential top gold mining investment amid evaluations of leading companies in the sector. Wall Street's evaluation of TRX as a top gold miner likely influences investor sentiment and market positioning moderately.

22 Apr

4

TRX Gold Corporation advances toward larger-scale, higher-margin production. Advancing to larger scale and higher margin production signals major strategic enhancements to operations and profitability.

19 Apr

4

TRX Gold Corporation's valuation rises following production gains at Buckreef mine and progress on plant expansion, highlighting improved output and growth potential. Buckreef production gains and plant expansion progress indicate major operational enhancements that could significantly boost TRX Gold's output, revenue, and market valuation.

16 Apr

4

TRX Gold Corporation released Q2 2026 earnings call summary highlighting financial results, operational updates, and future outlook. Quarterly earnings summaries disclose financial performance and guidance that significantly influence stock price and investor sentiment.

4

TRX Gold Corp reported record gold production and strong financial results in Q2 2026 earnings call highlights. Record gold production drives significant revenue growth and positive investor sentiment for TRX's future performance.

15 Apr

4

TRX Gold (TSX:TRX) shares dropped 7.8% after updated Buckreef expansion plans projected deeper losses, driven by recent changes in production guidance and costs. Buckreef expansion plans deepening losses represent a major strategic setback with significant negative effects on TRX's financial trajectory and investor sentiment.

4

TRX Gold Corporation (TRX) released Q2 earnings call highlights covering financial results, production updates, and forward guidance. Q2 earnings call highlights disclose financial performance and strategic updates with potential to significantly sway investor sentiment and stock trajectory.

3

TRX Gold Corporation reported second quarter 2026 results. Quarterly results disclosure typically affects financial performance and market sentiment moderately.

8 Apr

4

TRX Gold reports robust recovery rates exceeding 94% for gold at Buckreef Project and plans to increase processing capacity from 2,000 to 4,000 tonnes per day by mid-2025, aiming to boost annual production to 120,000 ounces. Robust recovery rates and doubled processing capacity directly enhance production efficiency and output potential for TRX Gold.

4

TRX Gold Corporation reports robust recovery rates from a recent study and a significant increase in the scope of its plant expansion. Robust recovery rates enhance gold extraction efficiency and plant expansion boosts production capacity, positioning TRX for significant operational and market growth.

31 Mar

4

Analysts' sentiment on TRX Gold (TRX) remains robust following strong Q2 2026 results. Strong Q2 2026 results sustain robust analyst sentiment, poised to significantly boost TRX's market performance and investor confidence.

2 Mar

4

TRX Gold Corporation reports record production for Q2 2026 and issues a company update. Record Q2 2026 production highlights major operational success likely to enhance financial performance and investor sentiment.

16 Feb

3

Roth Capital raised its price target for TRX Gold Corporation (TRX) to $2.25 and maintained a Buy rating. Analyst price target increase to $2.25 with Buy rating maintained signals positive outlook, moderately boosting investor sentiment and short-term performance.

5 Feb

3

TRX Gold Corporation is evaluating its strategic options for 2026, considering market conditions and operational performance. Investors are advised to assess whether to buy, sell, or hold based on the company's projected growth and external factors influencing the gold market. The company's recent developments and future plans are crucial for making informed investment decisions. Moderate influence is expected due to the company's strategic evaluations and market conditions impacting its performance.

4 Feb

4

TRX Gold Corporation has reported operational gains at its Buckreef project, leading to a reassessment of its valuation. The company has made significant progress in increasing gold production and improving operational efficiency, which is expected to enhance its financial performance. Analysts are optimistic about TRX's future prospects, given the positive developments and the potential for further growth in the gold market. Operational gains at Buckreef are likely to significantly impact TRX's future performance and investor sentiment.

2 Feb

3

TRX Gold Corporation (TRX) is highlighted among TSX penny stocks with market caps up to CA$700M. The article discusses the company's position within the market, emphasizing its potential for growth and investment opportunities in the gold sector. TRX is noted for its strategic initiatives aimed at enhancing operational efficiency and increasing shareholder value, making it a noteworthy player in the mining industry. TRX's strategic initiatives may moderately influence its financial performance and competitive positioning in the gold sector.

1 Feb

4

TRX Gold Corporation is reportedly utilizing cash flows from its Buckreef project to strategically redefine its growth approach. This shift may indicate a focus on enhancing operational efficiency and expanding its market presence, potentially leading to increased investor interest and a stronger financial position. Utilizing cash flows for strategic growth initiatives can significantly impact the company's future performance and investor sentiment.

31 Jan

4

H.C. Wainwright has expressed a bullish outlook on TRX Gold Corporation (TRX), highlighting the company's potential for growth and positive market sentiment. The firm believes that TRX's strategic initiatives and operational performance position it favorably within the gold mining sector. Investors are encouraged to consider TRX as a promising opportunity in the current market landscape. A bullish outlook from a reputable firm suggests significant potential for TRX's future performance and market positioning.

26 Jan

4

TRX Gold Corporation has been highlighted in Zacks Small Cap Research's best ideas for 2026, indicating a positive outlook for the company's future performance. The report emphasizes TRX's potential for growth and profitability in the gold mining sector, driven by strategic initiatives and favorable market conditions. Investors are encouraged to consider TRX as a viable option for their portfolios as the company aims to capitalize on upcoming opportunities. The recognition by Zacks suggests significant strategic potential and positive market sentiment for TRX Gold Corporation.

4

TRX Gold Corporation is poised for significant developments in 2026, focusing on expanding its mining operations and enhancing production capabilities. The company aims to leverage advancements in technology to improve efficiency and reduce costs. Additionally, TRX is exploring strategic partnerships to bolster its market position and increase shareholder value, while navigating regulatory changes that could impact the gold mining sector. Strategic partnerships and operational expansions are likely to significantly influence TRX's market position and financial performance.

stockrow.com/TRX · Data as of May 31, 2026 · For information only; not investment advice. · © 2026 stockrow.com