As of close of business last night, TRX Gold Corp’s stock clocked out at $0.46, up 4.76% from its previous closing price of $0.44. In other words, the price has increased by $+0.0208 from its previous closing price. On the day, 751291 shares were traded.
Ratios:
To gain a deeper understanding of TRX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.34 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 82.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Alliance Global Partners on February 16, 2021, initiated with a Buy rating and assigned the stock a target price of $1.50.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TRX now has a Market Capitalization of 121.79M and an Enterprise Value of 113.54M. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.36 while its Price-to-Book (P/B) ratio in mrq is 2.39. Its current Enterprise Value per Revenue stands at 2.99 whereas that against EBITDA is 10.81.
Stock Price History:
Over the past 52 weeks, TRX has reached a high of $0.60, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is 0.3580, while the 200-Day Moving Average is calculated to be 0.3888.
Shares Statistics:
It appears that TRX traded 282.06K shares on average per day over the past three months and 382.94k shares per day over the past ten days. A total of 277.63M shares are outstanding, with a floating share count of 272.46M. Insiders hold about 2.38% of the company’s shares, while institutions hold 1.27% stake in the company. Shares short for TRX as of Mar 15, 2024 were 466.84k with a Short Ratio of 1.66, compared to 403.95k on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.17% and a Short% of Float of 0.17%.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0.01 and a low estimate of $0, while EPS last year was $0. The consensus estimate for the next quarter is $0.01, with high estimates of $0.01 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.03 and $0.02 for the fiscal current year, implying an average EPS of $0.03. EPS for the following year is $0.06, with 2 analysts recommending between $0.07 and $0.05.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $10.77M. It ranges from a high estimate of $12.14M to a low estimate of $9.4M. As of the current estimate, TRX Gold Corp’s year-ago sales were $9.98M, an estimated increase of 7.90% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $12.39M, an increase of 33.00% over than the figure of $7.90% in the same quarter last year. There is a high estimate of $12.5M for the next quarter, whereas the lowest estimate is $12.27M.
A total of 3 analysts have provided revenue estimates for TRX’s current fiscal year. The highest revenue estimate was $51.6M, while the lowest revenue estimate was $47.8M, resulting in an average revenue estimate of $49.25M. In the same quarter a year ago, actual revenue was $38.32M, up 28.50% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $70.42M in the next fiscal year. The high estimate is $82.5M and the low estimate is $58.33M. The average revenue growth estimate for next year is up 43.00% from the average revenue estimate for this year.
