Integrity Wealth Solutions LLC Makes New $113,000 Investment in TRX Gold Co. (NYSE:TRX)

Integrity Wealth Solutions LLC bought a new stake in shares of TRX Gold Co. (NYSE:TRX) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 291,000 shares of the company’s stock, valued at approximately $113,000. Integrity Wealth Solutions LLC owned about 0.10% of TRX Gold at the end of the most recent quarter.

Wall Street Analyst Weigh In

Several analysts have issued reports on TRX shares. HC Wainwright upped their price objective on TRX Gold from $1.30 to $1.40 and gave the company a “buy” rating in a research note on Tuesday, April 16th. Alliance Global Partners lifted their price target on shares of TRX Gold from $1.50 to $1.75 and gave the company a “buy” rating in a report on Tuesday, April 16th. Finally, StockNews.com assumed coverage on TRX Gold in a research report on Friday, June 28th. They set a “hold” rating for the company.

TRX Gold Stock Up 0.7 %

TRX opened at $0.39 on Wednesday. The business has a fifty day simple moving average of $0.44 and a 200-day simple moving average of $0.40. The firm has a market cap of $108.78 million, a PE ratio of 39.38 and a beta of 0.40. TRX Gold Co. has a fifty-two week low of $0.31 and a fifty-two week high of $0.49.

TRX Gold (NYSE:TRX) last posted its quarterly earnings data on Friday, April 12th. The company reported $0.01 earnings per share (EPS) for the quarter. TRX Gold had a negative return on equity of 1.66% and a net margin of 0.70%. The firm had revenue of $7.98 million for the quarter, compared to the consensus estimate of $9.40 million. On average, equities research analysts anticipate that TRX Gold Co. will post 0.03 EPS for the current fiscal year.

About TRX Gold

TRX Gold Corporation engages in the exploration, development, and production of mineral property interests in the United Republic of Tanzania. The company primarily explores for gold deposits. It holds interests in the Buckreef gold project that comprises a single Special Mining License covering an area of 16.04 square kilometers and 12 Prospecting Licenses covering 98.19 square kilometers located in north-central Tanzania.