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Stock impact report

H.C. Wainwright is Bullish on TRX Gold Corporation (TRX) [Yahoo! Finance]

Tanzanian Gold Corporation (TRX) 
NASDAQ:AMEX Investor Relations: tanzanianroyalty.com
Company Research Source: Yahoo! Finance
Wainwright kept its Buy rating. It boosted its price objective for TRX Gold Corporation (NYSE:TRX) from $1.40 to $1.50. Higher assumptions in the company's commodities price deck were attributed by the analyst to the target hike. On January 15, 2026, TRX Gold Corporation (NYSE:TRX) announced $25.12 million in Q1 revenue, up from $12.53 million in the same period last year. The corporation sold 6,492 ounces of gold at an average realized price of $3,860 per ounce during the quarter while pouring a record 6,597 ounces. EBITDA was $13.2 million, or a 53% margin, while gross profit was $14.2 million, or a 57% margin. According to management, solid cash flow supported working capital upgrades, the development of plans to renovate and develop the processing plant, and increased research spending to better identify resources at the Buckreef Gold project. TRX Gold Corporation (NYSE:TRX) explores, develops, and produces mineral property interests in the United Republic of Tanzania. While Show less Read more
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