Metric Deep Dive: Understanding TRX Gold Corp (TRX) Through its Ratios

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After finishing at $0.33 in the prior trading day, TRX Gold Corp (AMEX: TRX) closed at $0.32, down -1.10%. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 0.63 million shares were traded.

Ratios:

Our goal is to gain a better understanding of TRX by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.06 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2285.01. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.76. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.04.

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 2.01 while its Price-to-Book (P/B) ratio in mrq is 1.67.

Stock Price History:

Over the past 52 weeks, TRX has reached a high of $0.49, while it has fallen to a 52-week low of $0.27. The 50-Day Moving Average of the stock is 4.54%, while the 200-Day Moving Average is calculated to be -9.18%.

Shares Statistics:

A total of 281.87M shares are outstanding, with a floating share count of 275.15M. Insiders hold about 2.47% of the company’s shares, while institutions hold 2.15% stake in the company.

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