Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
In Guru Portfolios
Manager | Fund | Portfolio Weight (%) | Change |
|---|---|---|---|
| Steven Cohen | Point72 Asset Management, L.P. | 0.0% | -0.00% |
| Kenneth Griffin | CITADEL ADVISORS LLC | 0.0% | +0.00% |
About
TRX Gold Corporation is engaged in the exploration, development, and production of mineral resources, operating exclusively within Tanzania. Its core asset is the Buckreef Gold Project, also situated in Tanzania. The company, originally established in 1990, rebranded from Tanzanian Gold Corporation to TRX Gold Corporation in May 2022. Its corporate headquarters are located in Oakville, Canada.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is overvalued on EV/EBITDA, overpriced on P/FC.
Target Price
The average target price of TRX is 2.39 and suggests 104% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa