Trx Gold Corp (TRX) Stock Forecast Oct. 16, 2026
Analysis updated on Oct. 16, 2026 (UTC) · Total · absolute moveSwitch to Alpha · NYSE
Trx Gold Corp (TRX) stock forecast summary
Our AI ranks Trx Gold Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
Trx Gold Corp is a small-cap company with a market capitalization of $299M. It ranks number 49 by market capitalization among the 60 Gold and Silver Ores issuers in our coverage with a current forecast.
For TRX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -14.0%, measured on 287 forecast dates between 2023-12-01 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 4.0%, measured on 330 forecast dates between 2023-12-01 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected absolute price move over the horizon, market included. This is the number a price target is built from. Ratings: strong buy ≥ +5.1%, buy ≥ +3.4%, sell < +1.8%, strong sell < +0.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-10-16 signals)
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How TRX ranks among 5184 stocks
90D Total forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Trx Gold Corp (TRX) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Gold and Silver Ores peers listed below that report each metric.
Valuation & Market
| Metric | TRX | Rank |
|---|---|---|
| Market Cap | $299M | 49/60 |
| EPS | $-0.03 | – |
| Revenue/Share | $0.28 | – |
| FCF/Share | $-0.01 | – |
Profitability & Margins
| Metric | TRX | Rank |
|---|---|---|
| Gross Margin | 40.3% | 14/26 |
| EBT Margin | 13.4% | 15/25 |
Financial Health
| Metric | TRX | Rank |
|---|---|---|
| Current Ratio | 1.09x | 47/52 |
| Quick Ratio | 0.56x | 24/26 |
| D/E Ratio | 1.02x | 8/52 |
| Financial Leverage | 2.41x | 7/49 |
| Working Capital | $3M | 49/52 |
Cash Flow
| Metric | TRX | Rank |
|---|---|---|
| Operating Cash Flow | $19M | 21/43 |
| Free Cash Flow | -$1M | 12/26 |
| Capital Spending | -$20M | 8/26 |
| OCF Growth YoY | -48.1% | 15/16 |
| FCF/Sales | -1.8% | 11/18 |
| CapEx/Sales | 24.8% | 8/18 |
Operational Efficiency
| Metric | TRX | Rank |
|---|---|---|
| Asset Turnover | 0.62x | 9/24 |
| Receivables Turnover | 10.4x | 17/18 |
| Inventory Turnover | 2.8x | 17/20 |
| Fixed Assets Turnover | 0.9x | 11/17 |
| Days Sales Outstanding | 35 days | 2/18 |
| Days Inventory | 131 days | 3/19 |
Income Statement
| Metric | TRX | Rank |
|---|---|---|
| Total Revenue | $81M | 22/29 |
| Cost of Goods Sold | $48M | 22/28 |
Dividend & Shareholder Information
| Metric | TRX | Rank |
|---|---|---|
| Shares Outstanding | 285M | – |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $36M | |
| Cash & Short-term Investments | $9M | |
| Accounts Receivable | $8M | |
| Inventory | $17M | |
| Total Liabilities | $55M |
TRX quarterly financials and insider trading
Trx Gold Corp (TRX) industry peers
Companies classified under the same SEC industry code as Trx Gold Corp (Gold and Silver Ores): 60 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
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Sign up free| Company | 90-Day AI Forecast (Total) | Market Cap |
|---|---|---|
| TRX Trx Gold Corp | ▲ | $299M |
| NEM Newmont Corp /De/ | ▶ | $124.97B |
| AEM Agnico Eagle Mines Ltd | ▶ | $95.15B |
| WPM Wheaton Precious Metals Corp. | ▶ | $60.92B |
| FNV Franco Nevada Corp | ▶ | $46.99B |
| GFI Gold Fields Ltd | ▶ | $33.66B |
| KGC Kinross Gold Corp | ▶ | $28.82B |
| PAAS Pan American Silver Corp | ▶ | $18.65B |
| CDE Coeur Mining, Inc. | ▲ | $15.90B |
| AGI Alamos Gold Inc | ▶ | $13.49B |
| EQX Equinox Gold Corp. | ▶ | $12.97B |
| IAG Iamgold Corp | ▶ | $10.69B |
| EGO Eldorado Gold Corp /Fi | ▲ | $9.37B |
| AG First Majestic Silver Corp | ▲ | $7.85B |
| BTG B2gold Corp | ▲ | $7.12B |
| OR Or Royalties Inc. | ▶ | $6.65B |
| SKE Skeena Resources Ltd | ▲ | $3.82B |
| FSM Fortuna Mining Corp. | ▲ | $3.28B |
| NG Novagold Resources Inc | ▲ | $2.90B |
| TGB Trekor Metals Ltd | ▲ | $2.88B |
| SA Seabridge Gold Inc | ▲ | $2.80B |
| EXK Endeavour Silver Corp | ▲ | $2.43B |
| PPTA Perpetua Resources Corp. | ▲ | $2.40B |
| SVM Silvercorp Metals Inc | ▲ | $2.13B |
| SIND Sinda Ltd. | ▶ | $1.85B |
| SSMR Sunshine Silver Mining & Refining Co | ▼ | $1.66B |
| HYMC Hycroft Mining Holding Corp | ▲ | $1.60B |
| IAUX I-80 Gold Corp. | ▶ | $1.32B |
| GOLD Barrick Mining Corp | ▲ | $1.15B |
| SLSR Solaris Resources Inc. | ▲ | $1.14B |
| VZLA Vizsla Silver Corp. | ▲ | $1.13B |
| NEWP New Pacific Metals Corp | ▲ | $1.13B |
| ELE Elemental Royalty Corp | ▲ | $1.07B |
| CNL Collective Mining Ltd. | ▲ | $1.04B |
| HSLV Highlander Silver Corp. | ▲ | $1.02B |
| MUX Mcewen Inc. | ▲ | $996M |
| OGG Osisko Gold Group Inc. | ▲ | $814M |
| MTA Metalla Royalty & Streaming Ltd. | ▲ | $747M |
| GROY Gold Royalty Corp. | ▲ | $669M |
| NFGC New Found Gold Corp. | ▲ | $614M |
| CTGO Contango Silver & Gold Inc. | ▲ | $510M |
| NAK Northern Dynasty Minerals Ltd | ▲ | $495M |
| CMCL Caledonia Mining Corp Plc | ▶ | $454M |
| ITRG Integra Resources Corp. | ▲ | $442M |
| TMQ Trilogy Metals Inc. | ▲ | $428M |
| VGZ Vista Gold Corp | ▲ | $397M |
| IDR Idaho Strategic Resources, Inc. | ▲ | $345M |
| VOXR Vox Royalty Corp. | ▲ | $344M |
| URG Ur-Energy Inc | ▲ | $337M |
| SBMT Silver Bow Mining Corp. | ▶ | $217M |
| TII Titan Mining Corp | ▲ | $178M |
| GLDG Goldmining Inc. | ▲ | $172M |
| FTCO Fortitude Gold Corp | ▼ | $134M |
| PLG Platinum Group Metals Ltd | ▲ | $129M |
| NVA Nova Minerals Corp | ▲ | $120M |
| FURY Fury Gold Mines Ltd | ▲ | $96M |
| USGO U.S. Goldmining Inc. | ▲ | $78M |
| XPL Solitario Resources Corp. | ▲ | $49M |
| AUST Austin Gold Corp. | ▲ | $11M |
| NMEX Northern Minerals & Exploration Ltd. | ▼ | $7M |
Where TRX sits on the market map
Trx Gold Corp (TRX) stock news
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Trx Gold Corp (TRX) stock forecast FAQ
What is the Trx Gold Corp (TRX) stock forecast?
Our AI ranks Trx Gold Corp outside the neutral middle of its coverage (a directional signal). Create a free account and follow it to see the exact price target.
How accurate are Trx Gold Corp stock predictions?
For TRX, the Spearman rank correlation between our 90-day forecasts and the returns that followed is -14.0%, measured on 287 forecast dates between 2023-12-01 and 2026-07-17 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 4.0%, measured on 330 forecast dates between 2023-12-01 and 2026-09-16. Across our coverage, the out-of-sample test on 4495 stocks from 2025-01-06 to 2026-07-07 produced a positive net return in 82.5% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Trx Gold Corp forecasts updated?
Trx Gold Corp forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Oct. 16, 2026.
Which companies are Trx Gold Corp's industry peers?
60 issuers in our coverage, TRX included, share the SEC industry code Gold and Silver Ores. The largest are: Newmont Corp /De/ (NEM), Agnico Eagle Mines Ltd (AEM), Wheaton Precious Metals Corp. (WPM), Franco Nevada Corp (FNV), Gold Fields Ltd (GFI), Kinross Gold Corp (KGC).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.