TRX Gold (NYSE:TRX) Earns Hold Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of TRX Gold (NYSE:TRXGet Rating) in a research report issued on Thursday. The brokerage set a “hold” rating on the stock.

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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’s Buckreef Project is located in the Geita District of the Geita Region south of Lake Victoria, approximately 110 kilometers southwest of the city of Mwanza, Tanzania.

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