TRX Gold (TSE:TNX) Share Price Passes Above 50-Day Moving Average - Time to Sell?

TRX Gold Co. (TSE:TNX - Get Free Report) NYSE: TRX's share price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$40.78 and traded as high as C$41.37. TRX Gold shares last traded at C$41.16, with a volume of 0 shares.TRX Gold Price PerformanceThe company has a debt-to-equity ratio of 0.19, a current ratio of 0.90 and a quick ratio of 0.64. The firm has a market capitalization of C$11.49 billion, a PE ratio of -12,155.94 and a beta of -0.03. The company has a 50-day moving average price of C$40.78 and a 200-day moving average price of C$42.09. TRX Gold Company Profile (Get Free Report)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. The company was formerly known as Tanzanian Gold Corporation and changed its name to TRX Gold Corporation in May 2022.Recommended StoriesFive stocks we like better than TRX GoldWhat Do S&P 500 Stocks Tell Investors About the Market? Nike Beats on Earnings But Struggles in China and Faces TariffsOptions Trading - Understanding Strike PriceIs the AI Boom a Bubble? These 2 Dividend Stocks Say NoHigh Dividend REITs: Are They an Ideal Way to Diversify?4 High-Potential ETFs for 2026: Small Caps, Space Stocks, and MoreThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in TRX Gold Right Now?Before you consider TRX Gold, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and TRX Gold wasn't on the list.While TRX Gold currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here