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TRX Gold price target raised to $2.30 from $1.50 at H.C. Wainwright

H.C. Wainwright raised the firm’s price target on TRX Gold (TRX) to $2.30 from $1.50 and keeps a Buy rating on the shares following the fiscal Q2 production results. The company achieved record gold production of 7,453 ounces during the quarter, the analyst tells investors in a research note.

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