TRX
TRX Gold Corporation
There isn't enough reported data to score TRX yet.
TRX Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Healthy | |
| Strong |
TRX's revenue, cash flow and balance sheet are currently healthy, and its profitability is stable.
TRX PE Valuation
TRX has no meaningful PE right now: it lost money over the past year.
TRX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Decline | |
| Stable | |
| Strongly weakening | |
| Limited | |
| Moderate |
Analysts expect TRX's earnings and profitability to decline, with its revenue holding steady.
TRX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.13 | — |
| Q3 2025 | $0.00 | $0.00 |
TRX is still losing money, but far less than before: $0.00 per share over the past year, against $0.02 at its worst in mid-2021.
TRX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2025 | $23.5M | +73% |
| Q2 2025 | $12M | +24% |
| Q1 2025 | $9.2M | +21% |
| Q4 2024 | $12.3M | +38% |
| Q3 2024 | $13.6M | +48% |
| Q2 2024 | $9.7M | -18% |
| Q1 2024 | $7.6M | -20% |
| Q4 2023 | $9M | -28% |
TRX's revenue has grown year over year for five quarters in a row: $24M last quarter, up 73% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2025 | 43% | -3 points |
| Q2 2025 | 21% | -7.8 points |
| Q1 2025 | -14% | -33 points |
| Q4 2024 | 27% | +11 points |
| Q3 2024 | 46% | +11 points |
| Q2 2024 | 29% | +4.9 points |
| Q1 2024 | 19% | -9.7 points |
| Q4 2023 | 16% | -20 points |
TRX's operating margin was 43% last quarter, down 3 points from the same quarter a year ago.
TRX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2025 | $4.2M | +264% |
| Q2 2025 | -$350.2K | -$150K |
| Q1 2025 | $116.8K | +$443.2K |
| Q4 2024 | -$1.2M | -191% |
| Q3 2024 | $1.2M | -22% |
| Q2 2024 | -$200.2K | +$1.6M |
| Q1 2024 | -$326.4K | -161% |
| Q4 2023 | $1.3M | +11% |
TRX has burned cash in most quarters: $3M over the past year, up 44% from the year before.
TRX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -3.1% | -9.1M shares |
| 1 year | +1.7% | +4.7M shares |
| 3 years | +3.2% | +8.7M shares |
| 5 years | +163% | +177M shares |
TRX has 285M diluted shares, up 1.7% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q2 2023 | — |
| Q1 2023 | $90,177 |
TRX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2025 | -0.1x | Net Cash |
| Q1 2025 | -0.4x | Net Cash |
| Q4 2024 | -0.3x | Net Cash |
| Q2 2024 | -0.9x | Net Cash |
| Q1 2024 | -0.9x | Net Cash |
| Q4 2023 | -1.0x | Net Cash |
| Q2 2023 | -0.7x | Net Cash |
| Q1 2023 | -1.0x | Net Cash |
TRX has more cash than debt.
TRX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.1 | Neutral |
| Stochastic | 20.8 | Neutral |
TRX's weekly RSI is 41 (neutral) and its Stochastic is 21 (neutral).
TRX PE vs Basic Materials Sector
TRX has no meaningful PE right now: it lost money over the past year.
TRX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.06 | 16% below |
| 20 week MA | $1.02 | 13% below |
| 50 week MA | $1.15 | 23% below |
| 100 week MA | $0.78 | 14% above |
| 200 week MA | $0.60 | 48% above |
TRX has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 48% above its 200-week average.
TRX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $0.62 | $0.60 | -3.2% |
| 2021 | $0.60 | $0.39 | -35% |
| 2022 | $0.39 | $0.35 | -10% |
| 2023 | $0.35 | $0.38 | +8.6% |
| 2024 | $0.38 | $0.30 | -21% |
| 2025 | $0.30 | $1.00 | +233% |
| 2026 YTD | $1.00 | $0.89 | -11% |
TRX has finished lower in four of the last six years. It's down 11% so far in 2026.