TRX Gold Co. (TSE:TNX – Get Free Report) (NYSE:TRX)’s stock price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$39.43 and traded as high as C$45.94. TRX Gold shares last traded at C$45.70, with a volume of 0 shares trading hands.
TRX Gold Trading Up 1.7 %
The firm has a market capitalization of C$12.84 billion, a price-to-earnings ratio of 47.00 and a beta of 0.55. The business’s 50 day moving average price is C$39.52 and its 200-day moving average price is C$38.76. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.90 and a quick ratio of 0.64.
About TRX Gold
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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