# TRX Gold Corporation (TRX.TO) fundamentals

Data as of 2026-11-04. TSX, Canada. Sector: Basic Materials / Mining & Metals. Price C$1.28, market value C$419 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). TRX Gold Corporation reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 3.6×**. Each dollar of revenue is priced at 3.6×.
- **Price / book: 3.4×**. The shares trade at 3.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 14.4×**. Enterprise value is 14.4× operating earnings before depreciation, the multiple that ignores how the company is financed.
- **Free-cash-flow yield: 0.6%** (5-yr avg -0.8%). Free cash flow equals 0.6% of the market value, above its five-year average of -0.8%, so the shares are cheaper on cash than they have usually been.

## Profitability
- **Gross margin: 58.2%**. TRX Gold Corporation keeps 58.2% of revenue after the direct cost of what it sells.
- **Net margin: 1.2%**. 1.2% of each dollar of sales reaches the bottom line.
- **Return on equity: 1.2%**. 1.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: -16.4%**. Each dollar of assets produces -16.4% of profit.

## Growth
- **Revenue growth (1 yr): 40.0%** (3-yr 56.3%/yr). Revenue grew 40.0% over the last year.

## Financial health
- **Debt to equity: 0.05**. Debt is 0.05 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. TRX Gold Corporation holds more cash than debt.
- **Current ratio: 1.05** (quick 0.52). Current assets cover the next year's liabilities 1.05 times.
- **Altman Z-score: 7.63**. A Z-score of 7.63 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 6/9**. 6 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. TRX Gold Corporation does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): 45.6%** (YTD 3.1%, 3-mo 19.1%). The shares are up 45.6% over twelve months including dividends.
- **From 52-week high: -65.9%** (68.4% above the low). Trading 66% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 36**. An RSI of 36 is neutral.
- **Beta (1 yr): 3.96** (volatility 91%). Beta of 3.96 against the S&P/TSX Composite: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TRX.TO · Page: https://foliofundamentals.com/stocks/trx.to

Not investment advice.