TRX Gold Corporation (TRX): Analysts Are Bullish On This Undervalued Canadian Stock Now [Yahoo! Finance]
TRX Gold Corporation (TRX)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
The Canadian stock market experienced a notable rebound in the third quarter of 2024, following a sluggish performance earlier in the year. This resurgence was primarily fueled by a series of interest rate cuts by the Bank of Canada, which helped cool inflation and support broader economic recovery. The central bank's actions, which included rate reductions totaling 75 basis points so far, have rejuvenated the real estate market and provided a significant lift to financial services stocks. According to a report by Reuters, the Toronto market gained 9.7% in Q3 2024, making it the strongest quarterly performance since 2019. The impact of these measures has created an optimistic outlook for the market, potentially setting the stage for continued growth in the coming months. The third quarter proved to be the strongest for Canada's main stock market, thanks to a combination of domestic rate cuts and rebounding global markets. Economies around the world showed signs of recovery, improvi
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TRX
News
- TRX Gold Co. (NYSE: TRX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Stamford Bridge Delivers Again – Another Best Drill Intercept [Canadian Business Journal (Canada)]Canadian Business Journal
- Stamford Bridge Delivers Again – Another Best Drill InterceptGlobeNewswire
- TRX Gold Co. (NYSE: TRX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- TRX Gold Co. (NYSE: TRX) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
TRX
Earnings
- 4/12/24 - In-Line
TRX
Sec Filings
- 11/12/24 - Form 6-K
- 10/24/24 - Form 6-K
- 10/1/24 - Form 6-K
- TRX's page on the SEC website