Risk factor
High price volatility
Profitability factor
Favourable price performance
About
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.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is overpriced on P/E, 'expensive
Target Price
The average target price of TRX is 2.1 and suggests 40% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increase
Buy
Sell