TRX Gold Co. (TSE:TNX – Get Free Report) (NYSE:TRX)’s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$40.79 and traded as high as C$40.88. TRX Gold shares last traded at C$40.79, with a volume of 0 shares changing hands.
TRX Gold Price Performance
The business has a 50-day moving average price of C$40.79 and a 200 day moving average price of C$41.15. The company has a market cap of C$11.38 billion, a price-to-earnings ratio of -12,046.66 and a beta of -0.03. The company has a current ratio of 0.90, a quick ratio of 0.64 and a debt-to-equity ratio of 0.19.
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. The company was formerly known as Tanzanian Gold Corporation and changed its name to TRX Gold Corporation in May 2022.
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