StockNews.com initiated coverage on shares of TRX Gold (NYSE:TRX – Free Report) in a report published on Friday. The brokerage issued a hold rating on the stock.
Separately, HC Wainwright reissued a “buy” rating and issued a $1.40 price target on shares of TRX Gold in a research report on Tuesday, July 16th.
View Our Latest Stock Report on TRX Gold
TRX Gold Price Performance
Hedge Funds Weigh In On TRX Gold
An institutional investor recently bought a new position in TRX Gold stock. Integrity Wealth Solutions LLC purchased a new stake in shares of TRX Gold Co. (NYSE:TRX – Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 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. Hedge funds and other institutional investors own 1.06% of the company’s stock.
TRX Gold Company Profile
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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