TRX Should I Buy
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TRX Gold Corp is a good buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. The company's strong revenue growth, bullish moving averages, positive analyst ratings, and low put-call ratios in options data indicate a favorable long-term outlook despite short-term challenges like negative net income.
The stock shows bullish moving averages (SMA_5 > SMA_20 > SMA_200), indicating a positive trend. However, the MACD histogram is negative and expanding downward (-0.0101), and RSI is neutral at 46.229. Key support is at 1.469, and resistance levels are at 1.912 and 2.049.
Revenue increased by 100.49% YoY in 2026/Q1, reflecting strong operational performance.
Gross margin improved significantly to 56.54%, up 46.97% YoY.
Analysts have consistently raised price targets, with the latest target at $2.25, indicating confidence in the company's growth strategy.
The company is funding growth through cash flow, minimizing shareholder dilution.
Net income dropped significantly (-524.87% YoY), resulting in a loss of -$4.17 million in 2026/Q
The MACD histogram is negative, signaling potential short-term weakness.
The stock is considered high-risk due to market competition and its speculative nature.
In 2026/Q1, TRX Gold's revenue increased by 100.49% YoY to $25.12 million, showing strong growth. However, net income dropped significantly to -$4.17 million (-524.87% YoY), and EPS remained at -0.01. Gross margin improved to 56.54%, up 46.97% YoY, indicating operational efficiency.
Analysts maintain a positive outlook with multiple Buy ratings. The latest price target was raised to $2.25 from $1.25 by Roth Capital, citing strong cash flow management and operational growth. Previous targets were also raised, reflecting confidence in the company's ability to achieve long-term production goals without issuing equity.
