Trx Gold Corp Stock Buy Hold or Sell Recommendation
| TNX Stock | CAD 45.70 0.76 1.69% |
Assuming the 90 days trading horizon and your above-average risk tolerance, our recommendation regarding TRX Gold Corp is 'Hold'. The recommendation algorithm takes into account all of TRX Gold's available fundamental, technical, and predictive indicators you will find on this site.
Check out TRX Gold Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. In addition, we conduct extensive research on individual companies such as TRX and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards TRX Gold Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
TRX |
Execute TRX Gold Buy or Sell Advice
The TRX recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on TRX Gold Corp. Macroaxis does not own or have any residual interests in TRX Gold Corp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute TRX Gold's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Hold
Market Performance | Solid | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Moves indifferently to market moves | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
TRX Gold Trading Alerts and Improvement Suggestions
| TRX Gold Corp has accumulated 101 K in total debt with debt to equity ratio (D/E) of 19.4, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. TRX Gold Corp has a current ratio of 0.16, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist TRX Gold until it has trouble settling it off, either with new capital or with free cash flow. So, TRX Gold's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TRX Gold Corp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TRX to invest in growth at high rates of return. When we think about TRX Gold's use of debt, we should always consider it together with cash and equity. | |
| Latest headline from news.google.com: What is Roth Capitals Forecast for TRX Gold Q1 Earnings - MarketBeat |
TRX Gold Returns Distribution Density
The distribution of TRX Gold's historical returns is an attempt to chart the uncertainty of TRX Gold's future price movements. The chart of the probability distribution of TRX Gold daily returns describes the distribution of returns around its average expected value. We use TRX Gold Corp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of TRX Gold returns is essential to provide solid investment advice for TRX Gold.
| Mean Return | 0.33 | Value At Risk | -1.51 | Potential Upside | 2.68 | Standard Deviation | 1.26 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of TRX Gold historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
TRX Gold Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 1.5M | 9.4M | (5.0M) | (847K) | (974.1K) | (925.3K) | |
| Free Cash Flow | (13.9M) | (16.7M) | (9.7M) | (460K) | (414K) | (434.7K) | |
| Depreciation | 226.2K | 286K | 122K | 1.4M | 1.6M | 1.6M | |
| Other Non Cash Items | 1.1M | 1.7M | 5.5M | (3.4M) | (3.9M) | (3.7M) | |
| Capital Expenditures | 7.3M | 9.1M | 12.7M | 17.8M | 20.5M | 21.5M | |
| Net Income | (12.4M) | (5.3M) | (2.3M) | 7.0M | 6.3M | 6.7M | |
| End Period Cash Flow | 4.0M | 13.4M | 8.5M | 7.6M | 8.8M | 5.0M | |
| Change To Inventory | (325.1K) | (453K) | (2.2M) | (868K) | (781.2K) | (742.1K) | |
| Investments | (9.1M) | (6.6M) | (13.9M) | (17.9M) | (16.1M) | (15.3M) | |
| Net Borrowings | 3.1M | 1.9M | 15.0M | 973K | 1.1M | 1.1M | |
| Change To Netincome | 2.9M | 5.4M | (1.6M) | 8.7M | 9.9M | 10.4M |
TRX Gold Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to TRX Gold or Metals & Mining sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that TRX Gold's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a TRX stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.33 | |
β | Beta against Dow Jones | -0.16 | |
σ | Overall volatility | 1.27 | |
Ir | Information ratio | 0.24 |
TRX Gold Volatility Alert
TRX Gold Corp has relatively low volatility with skewness of 0.08 and kurtosis of 0.46. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure TRX Gold's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact TRX Gold's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.TRX Gold Fundamentals Vs Peers
Comparing TRX Gold's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze TRX Gold's direct or indirect competition across all of the common fundamentals between TRX Gold and the related equities. This way, we can detect undervalued stocks with similar characteristics as TRX Gold or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of TRX Gold's fundamental indicators could also be used in its relative valuation, which is a method of valuing TRX Gold by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare TRX Gold to competition |
| Fundamentals | TRX Gold | Peer Average |
| Return On Equity | 0.0311 | -0.31 |
| Return On Asset | 0.0673 | -0.14 |
| Profit Margin | (0.06) % | (1.27) % |
| Operating Margin | 0.23 % | (5.51) % |
| Current Valuation | 111.76 M | 16.62 B |
| Shares Outstanding | 279.15 M | 571.82 M |
| Shares Owned By Insiders | 2.10 % | 10.09 % |
| Shares Owned By Institutions | 1.10 % | 39.21 % |
| Number Of Shares Shorted | 28.16 K | 4.71 M |
| Price To Earning | (4.35) X | 28.72 X |
| Price To Book | 1.71 X | 9.51 X |
| Price To Sales | 3.38 X | 11.42 X |
| Revenue | 38.32 M | 9.43 B |
| Gross Profit | 9.5 M | 27.38 B |
| EBITDA | 11.93 M | 3.9 B |
| Net Income | 7.04 M | 570.98 M |
| Cash And Equivalents | 1.16 M | 2.7 B |
| Cash Per Share | 0.01 X | 5.01 X |
| Total Debt | 101 K | 5.32 B |
| Debt To Equity | 19.40 % | 48.70 % |
| Current Ratio | 0.16 X | 2.16 X |
| Book Value Per Share | 0.19 X | 1.93 K |
| Cash Flow From Operations | 17.33 M | 971.22 M |
| Short Ratio | 1.95 X | 4.00 X |
| Target Price | 1.97 | |
| Number Of Employees | 130 | 18.84 K |
| Beta | 0.55 | -0.15 |
| Market Capitalization | 128.41 M | 19.03 B |
| Total Asset | 84.2 M | 29.47 B |
| Retained Earnings | (121.42 M) | 9.33 B |
| Working Capital | (617 K) | 1.48 B |
| Net Asset | 84.2 M |
TRX Gold Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as TRX . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About TRX Gold Buy or Sell Advice
When is the right time to buy or sell TRX Gold Corp? Buying financial instruments such as TRX Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having TRX Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Aluminum Theme or any other thematic opportunities.
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Other Information on Investing in TRX Stock
TRX Gold financial ratios help investors to determine whether TRX Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TRX with respect to the benefits of owning TRX Gold security.