Streetbeat News

TRX

TRX Gold Corporation

Industry

Gold

TRX Gold Corporation engages in the acquisition, financing, exploration, and development 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 located in north-central Tanzania. The company was formerly known as Tanzanian Gold Corporation and changed its name to TRX Gold Corporation in May 2022. TRX Gold Corporation was incorporated in 1990 and is based in Toronto, Canada.

Open

0.37

Mkt cap

103M

Volume

524K

High

0.38

P/E Ratio

36.82

52-wk high

0.49

Low

0.36

Div yield

N/A

52-wk low

0.31

TRX Gold Corporation announced a significant drill result at the Stamford Bridge Shear Zone, with hole BMDD315 intersecting 37 meters at 6.86 g/t Au. This result is east of the Buckreef Main Zone, indicating potential for further resource expansion.

Portfolio Pulse from

November 12, 2024 | 11:30 am

SUNDOG, a memecoin on the Tron blockchain, surged over 6% despite a broader memecoin slump, contrasting with declines in Dogecoin, Shiba Inu, and Pepe. Backed by Tron founder Justin Sun, SUNDOG has risen 289% since its launch on August 15.

Portfolio Pulse from Aniket Verma

September 02, 2024 | 4:12 am

Telegram founder Pavel Durov's arrest in France has sparked reactions from key figures in the cryptocurrency space, including Ethereum's Vitalik Buterin and Tron's Justin Sun. Buterin expressed concerns about software and communication freedom in Europe, while Sun proposed a decentralized funding initiative to support Durov legally.

Portfolio Pulse from Aniket Verma

August 26, 2024 | 1:35 am

Justin Sun, founder of the Tron blockchain, has accumulated $36 million worth of Ethereum, bringing his total Ether investments to 392,474 ETH since February. This move comes amid a market downturn and follows Ethereum's recent price recovery. Sun also deposited $49 million worth of Tether to HTX, indicating potential further Ether accumulation.

Portfolio Pulse from Aniket Verma

August 06, 2024 | 8:39 am

HC Wainwright & Co. has reiterated its Buy rating on TRX Gold (AMEX:TRX) and maintained a price target of $1.4.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 12:21 pm

Crypto billionaire Justin Sun has reportedly purchased $49 million worth of Ethereum over the past three days, as the cryptocurrency's price dipped. This move is seen as a bullish signal ahead of the anticipated launch of spot Ethereum ETFs and follows the closure of the SEC's investigation into Ethereum's security status.

Portfolio Pulse from Aniket Verma

June 24, 2024 | 7:17 am

HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on TRX Gold (AMEX:TRX) and raises the price target from $1.3 to $1.4.

Portfolio Pulse from Benzinga Newsdesk

April 17, 2024 | 9:53 am

Alliance Global Partners analyst Jake Sekelsky has maintained a Buy rating on TRX Gold (AMEX:TRX) and increased the price target from $1.5 to $1.75.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 4:37 pm

HC Wainwright & Co. analyst Heiko Ihle maintains a Buy rating on TRX Gold (AMEX:TRX) and raises the price target from $1.3 to $1.4.

Portfolio Pulse from Benzinga Newsdesk

April 16, 2024 | 11:00 am

Justin Sun, founder of TRON, revealed his Bitcoin holdings of 28,613 BTC, valued at approximately $1.638 billion. He made this disclosure in response to comments about his usage of the HTX exchange, emphasizing his active participation. This announcement coincides with Bitcoin's price surge to $57,000, a peak not seen since December 2021. The crypto market has seen a ripple effect from this rally, with increased investments in Bitcoin ETFs and a significant rise in the global cryptocurrency market cap. Sun also highlighted TRON's commitment to integrating Bitcoin scalability solutions and collaborating with Bitcoin layer-2 protocols.

Portfolio Pulse from Mehab Qureshi

February 28, 2024 | 5:54 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.