TRX Stock Analysis
TR
Uncovered
TRX Gold Corp is uncovered by Eyestock quantitative analysis.
Rating
To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.
Moderate score
TRX Gold Corp. along with its joint venture partner, State Mining Corporation of Tanzania (STAMICO), is building a gold project at Buckreef in Tanzania. The company is headquartered in Toronto, Ontario. The company went IPO on 2001-10-29. The firm is advancing the Buckreef Gold Project. The Buckreef Project comprises five prospects, namely Buckreef, Bingwa, Tembo, Eastern Porphyry and Buziba. The Buckreef Project encompasses three main mineralized zones: Buckreef South, Buckreef Main and Buckreef North. The Buckreef Project is fully licensed for mining and the extraction of gold. The Buckreef Project is located in the Geita District of the Geita Region, south of Lake Victoria, approximately 110 kilometers (km) southwest of the city of Mwanza, Tanzania. The Buckreef is situated approximately 45 km to the west of Bulyanhulu gold mine and approximately 35 km south of Geita mine in north-central Tanzania. The Buckreef Gold Project also contains an Inferred Mineral Resource of 17.8 MT at 1.11g/t gold for 635,540 oz of gold.