StockNews.com began coverage on shares of TRX Gold (NYSE:TRX – Free Report) in a research note published on Saturday morning. The brokerage issued a hold rating on the stock.
Separately, HC Wainwright reiterated a “buy” rating and issued a $1.40 price target on shares of TRX Gold in a report on Tuesday, July 16th.
View Our Latest Research Report on TRX Gold
TRX Gold Price Performance
Institutional Investors Weigh In On TRX Gold
An institutional investor recently bought a new position in TRX Gold stock. Integrity Wealth Solutions LLC purchased a new position in shares of TRX Gold Co. (NYSE:TRX – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund 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 as of its most recent SEC filing. 1.06% of the stock is owned by hedge funds and other institutional investors.
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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