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TRX
Stock ticker: ASE
AS OF
Dec 20 closing price
Price
$0.30
Change
-$0.01 (-3.23%)
Capitalization
109.27M

TRX TRX Gold Corp Forecast, Technical & Fundamental Analysis

a company that explores and mines for gold and precious metal properties

TRX
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for TRX with price predictions
Dec 20, 2024

Momentum Indicator for TRX turns negative, indicating new downward trend

TRX saw its Momentum Indicator move below the 0 level on December 12, 2024. This is an indication that the stock could be shifting in to a new downward move. Traders may want to consider selling the stock or exploring put options. Tickeron's A.I.dvisor looked at 103 similar instances where the indicator turned negative. In of the 103 cases, the stock moved further down in the following days. The odds of a decline are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Moving Average Convergence Divergence Histogram (MACD) for TRX turned negative on December 13, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 55 similar instances when the indicator turned negative. In of the 55 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TRX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for TRX entered a downward trend on December 20, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 9 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where TRX advanced for three days, in of 264 cases, the price rose further within the following month. The odds of a continued upward trend are .

TRX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to slightly better than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. TRX’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.141) is normal, around the industry mean (6.722). P/E Ratio (46.512) is within average values for comparable stocks, (83.742). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (8.405). TRX has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (3.133) is also within normal values, averaging (140.038).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TRX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock worse than average.

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TRX
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

TRX is expected to report earnings to rise 100.00% to 1 cents per share on January 20

TRX Gold Corp TRX Stock Earnings Reports
Q4'24
Est.
$0.02
Q3'24
Est.
$0.01
Q2'24
Missed
by $0.02
Q1'24
Est.
$0.00
Q4'23
Est.
$0.00
The last earnings report on December 03 showed earnings per share of 0 cents, meeting the estimate of 0 cents. With 1.19M shares outstanding, the current market capitalization sits at 109.27M.
A.I. Advisor
published General Information

General Information

a company that explores and mines for gold and precious metal properties

Industry PreciousMetals

Profile
Fundamentals
Details
Industry
Precious Metals
Address
277 Lakeshore Road East
Phone
+1 647 515-3310
Employees
509
Web
https://www.trxgold.com
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TRX and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, TRX has been loosely correlated with PAAS. These tickers have moved in lockstep 43% of the time. This A.I.-generated data suggests there is some statistical probability that if TRX jumps, then PAAS could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TRX
1D Price
Change %
TRX100%
-2.70%
PAAS - TRX
43%
Loosely correlated
+0.54%
SA - TRX
43%
Loosely correlated
+2.51%
MAG - TRX
43%
Loosely correlated
-0.29%
HL - TRX
43%
Loosely correlated
+1.82%
AEM - TRX
42%
Loosely correlated
+1.03%
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