Roth Capital analyst Mike Niehuser raised the firm’s price target on TRX Gold (TRX) to $1.25 from 85c and keeps a Buy rating on the shares. The company achieved record results for most of the metrics in Q4, resulting in a strong finish to FY25 ending August 31, 2025, the analyst tells investors in a research note. By investing cash flow in expanding and optimizing operations and mine development, TRX increased throughput and maintained record levels of gold production, the firm added.
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