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

0.33

Mkt cap

91M

Volume

175K

High

0.33

P/E Ratio

32.14

52-wk high

0.49

Low

0.32

Div yield

N/A

52-wk low

0.28

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.