TRX Gold Co. (TSE:TNX – Get Free Report) (NYSE:TRX)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$40.79 and traded as low as C$40.60. TRX Gold shares last traded at C$40.79, with a volume of 0 shares trading hands.
TRX Gold Price Performance
The company has a 50 day moving average of C$40.79 and a two-hundred day moving average of C$41.16. The firm has a market cap of C$11.38 billion, a P/E ratio of -12,046.66 and a beta of -0.03. The company has a quick ratio of 0.64, a current ratio of 0.90 and a debt-to-equity ratio of 0.19.
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. The company was formerly known as Tanzanian Gold Corporation and changed its name to TRX Gold Corporation in May 2022.
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