3 Things Investors Need to Know About TRX Gold Corporation in 2026
2026-01-26 03:25:00 ET
Gold prices have surged 87% since the start of 2025. TRX Gold Corporation (NYSEMKT: TRX) is a junior gold miner that is benefiting from these soaring prices, and its own stock has increased 178% since the start of September. If you're looking for a leveraged play on gold , TRX Gold is one stock to watch. Here are three things to know first.
TRX Gold is a junior gold miner , meaning the company has a market capitalization of under $500 million. What makes junior miner stocks intriguing is that they can act as a levered play on gold.
For example, a 1% rise in gold could help the stock rise by two or three times that amount. That's because higher gold prices help it realize higher revenue while expenses remain relatively the same, boosting its margins in the process.
NASDAQ: TRX
TRX Trading
11.93% G/L:
$1.925 Last:
4,944,183 Volume:
$1.80 Open:
