Roth Capital Raises TRX Gold Corporation (TRX) Gold Price Target to $2.25, Maintains Buy

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On February 9, Roth Capital raised its price target on TRX Gold Corporation (NYSE:TRX) to $2.25 from $1.25 and maintained a Buy rating. The firm cited the company’s strategy of moving directly into production to generate cash flow while minimizing shareholder dilution. According to the analyst, disciplined financial management and current metal prices could allow TRX to reach its targeted long-term production levels without issuing additional equity.

On January 29, 2026, TRX Gold Corporation (NYSE:TRX) filed a Form 6-K with U.S. regulators in connection with its upcoming annual general and special meeting of shareholders scheduled for February 25, 2026. The filing includes the notice of meeting, management information circular, and proxy materials. Shareholders will vote on standard governance matters, including receiving audited financial statements for the fiscal year ended August 31, 2025, setting the board size at five directors, electing directors, appointing the auditor, authorizing auditor remuneration, and addressing other proper business. The filing reflects routine governance and disclosure procedures.

TRX Gold Corporation (NYSE:TRX) is engaged in the exploration, development, and production of mineral property interests in Tanzania. Founded in 1990 and headquartered in Oakville, Canada, the company is focused on advancing its projects through internally generated cash flow rather than equity financing. With production underway and a strategy centered on disciplined capital allocation, TRX Gold is positioning itself to scale operations while preserving shareholder value.

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