# TRX Gold share price today (TRX Gold Corporation, TRX)

> TRX Gold Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. TRX · Materials · Gold · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/trx

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## Key numbers

- Price: $0.92 (+46.0% in a year)
- P/E: 1,500.0×, too little history to compare yet
- Revenue (May 2026): $32.8 M (+163.3% on a year ago)
- Profit (May 2026): $2.8 M
- Operating margin: 47.7% (+28.3 points on a year ago)
- ROE: 1%, FY25
- ROIC: −0.7%, against a 10.0% cost of capital: −10.7 points
- Profit that came in as cash: 1,144%, last 2 years

Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. ## What is the TRX Gold share price today? TRX Gold Corporation's share price was $0.92 at the close on 3 November 2026. That is 24.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between $1 and $2, and at that close it sat 26% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 1 week running. Over the last 1 year the share price moved +171% while the S&P 500 moved +21%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 30 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does TRX Gold pay? TRX Gold Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is TRX Gold on? TRX Gold is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is TRX Gold profitable? TRX Gold Corporation earned $2.8 M of net profit in the May 2026 quarter. Full-year FY25 profit was $687 K. That is 8.6% of the quarter's revenue. The same quarter a year earlier lost $218 K. 6 of the last 12 reported quarters were loss-making. ## How much revenue does TRX Gold make, and is it growing? TRX Gold Corporation reported $32.8 M of revenue in the May 2026 quarter, +163.3% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 3 years it has grown 56.3% a year on average. The last full year, FY25, came in at $57.6 M. The last four reported quarters add to $116 M. FY25 revenue was $57.6 M, +40.0% on the year before. Recent pace: the last four quarters grew +152.6% on average, against 56.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +142.1%, against +77.4% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does TRX Gold keep? TRX Gold Corporation's operating margin was 47.7% in the May 2026 quarter, 28.3 percentage points higher than the same quarter a year ago. Across 4 years it has been between −10.4% and 36.2%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed +28.3 percentage points on the year while gross margin changed +23.3 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is TRX Gold's profit turning into cash? Over the last 2 years, 1,144% of TRX Gold Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $16.3 M of operating cash against $687 K of profit. After $13.7 M of spending on assets, $2.6 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does TRX Gold's cash go? TRX Gold Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $45.2 M on assets over the last 3 years. Averaged over those years that is 26.1% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $45.2 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is TRX Gold's P/E ratio, and how does it compare with its own history? TRX Gold Corporation's P/E is 1,500.0×, with too little history to compare. Its usual P/E (the middle reading) is 900.0×, over 7 months of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the TRX Gold business getting better or worse? TRX Gold Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does TRX Gold earn on its capital? TRX Gold Corporation earned a ROE of 1% in FY25. That is up from a low of −12% in FY22. Its return on capital used (ROIC) is 10.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 1.2% net margin and 0.49× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 1.2% net margin × 0.49× asset turnover × 1.58× leverage (assets divided by equity) ≈ 0.9% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: −0.7% − 10.0% = −10.7 percentage points. The 10.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The −0.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 12.5%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does TRX Gold have too much debt? TRX Gold Corporation has total debt of $5.4 M against shareholder equity of $121 M as of May 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.00 in FY23 to 0.04 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the TRX Gold shareholding pattern? We have no ownership or short-position figures for TRX Gold Corporation, so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 1.0 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is TRX Gold from balance-sheet trouble? For TRX Gold Corporation, the Z-score is 3.28. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.28 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does TRX Gold rank in its industry? There is no score against its industry: TRX Gold Corporation is not among the largest members shown in this industry comparison for Gold. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is TRX Gold compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to TRX Gold in size? TRX Gold is the 36th largest of 36 Gold companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Osisko Development Corp., Mako Mining Corp., Gold Royalty Corp., Galiano Gold Inc., Caledonia Mining Corporation Plc and Idaho Strategic Resources, Inc. It is the smallest. ### Gold companies close in size

1. [Osisko Development Corp.](https://www.sectoralpha.in/us/stocks/odv) $690 million
2. [Mako Mining Corp.](https://www.sectoralpha.in/us/stocks/mako) $637 million
3. [Gold Royalty Corp.](https://www.sectoralpha.in/us/stocks/groy) $612 million
4. [Galiano Gold Inc.](https://www.sectoralpha.in/us/stocks/gau) $497 million
5. [Caledonia Mining Corporation Plc](https://www.sectoralpha.in/us/stocks/cmcl) $368 million
6. [Idaho Strategic Resources, Inc.](https://www.sectoralpha.in/us/stocks/idr) $301 million
7. TRX Gold Corporation $299 million

[All 36 Gold companies, largest first](https://www.sectoralpha.in/us/sectors/gold#all-companies)

### Companies close in size in other industries

1. [ASP Isotopes Inc.](https://www.sectoralpha.in/us/stocks/aspi) $310 million · Chemicals
2. [Agenus Inc.](https://www.sectoralpha.in/us/stocks/agen) $308 million · Biotechnology
3. TRX Gold Corporation $307 million
4. [StealthGas Inc.](https://www.sectoralpha.in/us/stocks/gass) $307 million · Marine Shipping
5. [Flexsteel Industries, Inc.](https://www.sectoralpha.in/us/stocks/flxs) $306 million · Furnishings, Fixtures & Appliances

## What else do people ask about TRX Gold? ### What were TRX Gold's latest quarterly results? TRX Gold Corporation reported revenue of $32.8 M and net profit of $2.8 M for the May 2026 quarter. Earnings per share were $0.01. The operating margin was 47.7%, 28.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is TRX Gold's market cap? TRX Gold Corporation's market capitalisation is $299 M at a stock price of $0.92. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is TRX Gold performing? TRX Gold Corporation's latest readings are below. Over the past 13 weeks it has done worse than the S&P 500, for 1 week running. This describes what the data did, not a rating (as of 3 November 2026). ### Will TRX Gold's stock price go up? This page does not forecast TRX Gold Corporation's stock price. What it shows instead: the stock price is $0.92. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Where is TRX Gold in its business cycle? TRX Gold Corporation's FY25 operating margin was 30.7%, against a 4-year range of −10.4% to 36.2%: the middle of its own range, neither a peak nor a low. The latest quarter was 47.7%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the TRX Gold story? Biggest thing to watch: the price is not yet in a clear uptrend, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is TRX Gold a stock worth studying right now? What the numbers show: TRX Gold Corporation's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.