Roth Capital Issues Negative Forecast for TRX Gold Earnings

TRX Gold Co. (NYSE:TRX) – Equities researchers at Roth Capital lowered their Q1 2025 EPS estimates for TRX Gold in a report issued on Monday, December 9th. Roth Capital analyst M. Niehuser now forecasts that the company will earn $0.01 per share for the quarter, down from their prior estimate of $0.02. The consensus estimate for TRX Gold’s current full-year earnings is $0.08 per share. Roth Capital also issued estimates for TRX Gold’s Q2 2025 earnings at $0.01 EPS, Q3 2025 earnings at $0.01 EPS, Q4 2025 earnings at $0.01 EPS and FY2025 earnings at $0.04 EPS.

TRX has been the topic of several other reports. HC Wainwright reiterated a “buy” rating and set a $1.50 price objective (up from $1.40) on shares of TRX Gold in a research report on Tuesday, December 3rd. StockNews.com started coverage on TRX Gold in a report on Thursday, December 5th. They set a “hold” rating on the stock.

TRX Gold Stock Performance

TRX stock opened at $0.34 on Tuesday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.54 and a current ratio of 0.84. TRX Gold has a 52-week low of $0.31 and a 52-week high of $0.49. The company’s 50 day simple moving average is $0.38 and its 200-day simple moving average is $0.40.

Institutional Investors Weigh In On TRX Gold

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC lifted its holdings in shares of TRX Gold by 9.6% during the 3rd quarter. HighTower Advisors LLC now owns 334,456 shares of the company’s stock valued at $130,000 after buying an additional 29,416 shares during the last quarter. Virtu Financial LLC acquired a new stake in TRX Gold in the third quarter valued at approximately $52,000. Finally, Ground Swell Capital LLC grew its position in TRX Gold by 201.9% in the third quarter. Ground Swell Capital LLC now owns 72,823 shares of the company’s stock worth $29,000 after acquiring an additional 48,705 shares in the last quarter. Hedge funds and other institutional investors own 1.06% of the company’s stock.

TRX Gold Company Profile

TRX Gold Corporation engages in the exploration, development, and production of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interests in the Buckreef gold project that comprises a single Special Mining License covering an area of 16.04 square kilometers and 12 Prospecting Licenses covering 98.19 square kilometers located in north-central Tanzania.