StockNews.com began coverage on shares of TRX Gold (NYSE:TRX – Free Report) in a research note issued to investors on Saturday. The brokerage issued a hold rating on the stock.
Separately, HC Wainwright reissued a “buy” rating and issued a $1.40 price objective on shares of TRX Gold in a report on Tuesday, July 16th.
Read Our Latest Stock Report on TRX
TRX Gold Price Performance
Institutional Trading of TRX Gold
An institutional investor recently bought a new position in TRX Gold stock. Integrity Wealth Solutions LLC purchased a new position in TRX Gold Co. (NYSE:TRX – Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (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 at the end of the most recent reporting period. 1.06% of the stock is currently owned by institutional investors.
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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