TRX Stock Chart & Stats
$0.78
<$0.01(0.49%)
At close: 4:00 PM EDT
$0.78
<$0.01(0.49%)
Day’s Range― - ―
52-Week Range$0.33 - $2.80
Previous CloseN/A
Volume785.60K
Average Volume (3M)1.46M
Market Cap
$257.38M
Enterprise Value$566.47
Total Cash (Recent Filing)$37.07M
Total Debt (Recent Filing)$6.89M
Price to Earnings (P/E)―
Beta0.57
Next Earnings
Nov 27, 2026EPS Estimate
0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.09
Shares Outstanding328,325,160
10 Day Avg. Volume1,494,638
30 Day Avg. Volume1,457,963
Financial Highlights & Ratios
PEG Ratio-0.65
Price to Book (P/B)2.01
Price to Sales (P/S)1.97
P/FCF Ratio44.71
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price Target
$2.35Price Target Upside201.28% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
EPS Forecast (FY)>-0.01
Revenue Forecast (FY)$130.59M
Bulls Say, Bears Say
Bulls Say
Operating Cash Flow & FCFSustained positive operating cash flow provides durable internal funding for operations and growth, reducing reliance on equity or expensive debt. Even modest free cash flow after reinvestment signals the business can self-fund expansions, manage working capital swings, and absorb short-term commodity volatility over months.
Conservative Balance Sheet / Low LeverageVery low leverage grants financial flexibility to execute the $50M expansion and weather commodity cycles without forcing dilutive financing. A strong equity cushion and available credit lines support capital timing risk, preserving strategic optionality and lowering bankruptcy or refinancing risk over the next several quarters.
Operational Momentum & Resource BaseMaterial and sustained improvements in throughput, grade and recovery materially raise operating margins and near-term EBITDA run-rate. Combined with a ~1.5Moz resource and planned mill expansion, the company has structural scale-up potential that can drive lasting cost reductions, higher production and stronger cash generation as upgrades are commissioned.
Bears Say
Below-the-line Net Loss / Earnings QualityA meaningful TTM net loss driven by below-the-line items undermines reported profitability and ROE, limiting the firm's ability to internally compound capital if persistent. Over several months this erodes investor confidence, may constrain discretionary reinvestment, and elevates the consequences of any further adverse financing or non-operating events.
Execution & Ramp Risk On $50M ExpansionLarge mill and TSF additions are structurally transformative but carry multi-month execution and commissioning risk. Delays or cost overruns can postpone expected unit-cost declines and scale benefits, strain near-term cash flow and push out PEA-driven NAV enhancements, making projected margin improvements uncertain across the next 2–6 months.
Government / JV Negotiation UncertaintyUnsettled government/JV terms introduce structural political and timing risk that can affect project economics, permitting and investor returns. Over the medium term, unresolved frameworks could delay investment decisions, require renegotiation of project terms, or alter revenue-sharing, each materially impacting development timelines and long-term cash flows.
Tanzanian Royalty Exploration News
TRX FAQ
What was Tanzanian Royalty Exploration’s price range in the past 12 months?
Tanzanian Royalty Exploration lowest stock price was $0.33 and its highest was $2.80 in the past 12 months.
What is Tanzanian Royalty Exploration’s market cap?
Tanzanian Royalty Exploration’s market cap is $257.38M.
When is Tanzanian Royalty Exploration’s upcoming earnings report date?
Tanzanian Royalty Exploration’s upcoming earnings report date is Nov 27, 2026 which is in 116 days.
How were Tanzanian Royalty Exploration’s earnings last quarter?
Tanzanian Royalty Exploration released its earnings results on Jul 15, 2026. The company reported $0.015 earnings per share for the quarter, missing the consensus estimate of $0.034 by -$0.019.
Is Tanzanian Royalty Exploration overvalued?
According to Wall Street analysts Tanzanian Royalty Exploration’s price is currently Undervalued.
Does Tanzanian Royalty Exploration pay dividends?
Tanzanian Royalty Exploration does not currently pay dividends.
What is Tanzanian Royalty Exploration’s EPS estimate?
Tanzanian Royalty Exploration’s EPS estimate is 0.03.
How many shares outstanding does Tanzanian Royalty Exploration have?
Tanzanian Royalty Exploration has 328,325,160 shares outstanding.
What happened to Tanzanian Royalty Exploration’s price movement after its last earnings report?
Tanzanian Royalty Exploration reported an EPS of $0.015 in its last earnings report, missing expectations of $0.034. Following the earnings report the stock price went down -6.971%.
Which hedge fund is a major shareholder of Tanzanian Royalty Exploration?
Currently, no hedge funds are holding shares in TRX
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Tanzanian Royalty Exploration Stock Smart Score
Outperform
1
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4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$2.35 (201.28% Upside)
$2.35 (201.28% Upside)
Blogger Sentiment
Bullish
TRX Sentiment 100%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 10.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $11.7K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 2.7%
Last 30 Days ▼ 9.2%
Last 30 Days ▼ 9.2%
Technicals
SMA
Negative
20 days / 200 days
Momentum
105.26%
12-Months-Change
Fundamentals
Return on Equity
―
Trailing 12-Months
Asset Growth
55.00%
Trailing 12-Months
Company Description
Tanzanian Royalty Exploration
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.
TRX Company Deck
TRX Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call presents strong operational and financial momentum: record quarterly throughput and production, materially improved recoveries, record quarterly adjusted EBITDA, healthy cash and working capital, an active exploration program with multiple targets and a funded expansion plan that should drive meaningful scale and NAV uplift. The primary negatives are external/market-related (weak share price and sector valuation compression, potential trading/market-making dynamics) plus standard execution and timing risks associated with a major mill expansion, government JV negotiations, and short-term elevated processing costs. On balance, operational and financial positives are substantial and addressable risks are manageable, supporting an overall constructive view.View all TRX earnings summariesTRX Stock 12 Month Forecast
Average Price Target
$2.35
▲(201.28% Upside)
Technical Analysis
Ownership Overview
2.43% Insiders
<0.01% Mutual Funds
0.26% Other Institutional Investors
96.95% Public Companies and
Individual Investors