StockNews.com initiated coverage on shares of TRX Gold (NYSE:TRX – Free Report) in a research note published on Friday morning. The brokerage issued a hold rating on the stock.
Separately, HC Wainwright reiterated a “buy” rating and issued a $1.40 price objective on shares of TRX Gold in a report on Tuesday, July 16th.
View Our Latest Research Report on TRX
TRX Gold Stock Performance
Institutional Trading of TRX Gold
A hedge fund recently bought a new stake in TRX Gold stock. Integrity Wealth Solutions LLC bought a new stake in TRX Gold Co. (NYSE:TRX – Free Report) during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent SEC filing. Institutional investors own 1.06% of the company’s stock.
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.
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