TRX GoldTSX:TRX +0.83%61 Market Cap is C$397.3 Mil as of Jul. 02, 2026. GuruFocus rates TSX:TRX with a GF Score™ of 61/100 and a GF Value™ of C$1.67 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,686 Metals & Mining companies, TRX Gold ranks better than 79.64% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). TRX Gold's share price for the quarter that ended in Feb. 2026 was C$2.48. TRX Gold's Shares Outstanding (EOP) for the quarter that ended in Feb. 2026 was 325.7 Mil. Therefore, TRX Gold's market cap for the quarter that ended in Feb. 2026 was C$807.7 Mil.
TRX Gold's quarterly market cap
increased
from Aug. 2025 (C$145.3 Mil) to Nov. 2025 (C$292.7 Mil) and
increased
from Nov. 2025 (C$292.7 Mil) to Feb. 2026 (C$807.7 Mil).
TRX Gold's annual market cap
increased
from Aug. 2023 (C$147.1 Mil) to Aug. 2024 (C$151.3 Mil) but then
declined
from Aug. 2024 (C$151.3 Mil) to Aug. 2025 (C$145.3 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. TRX Gold's Enterprise Value for Today is C$405.0 Mil.
TRX Gold (TSX:TRX) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
TRX Gold Market Cap Related Terms
TRX Gold Market Cap Historical Data
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The historical data trend for TRX Gold's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gold subindustry, TRX Gold's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
TRX Gold Market Cap vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, TRX Gold's Market Cap distribution charts can be found below:
* The bar in red indicates where TRX Gold's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
TRX Gold's Market Cap for the fiscal year that ended in Aug. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TRX Gold (TSX:TRX) has a Market Cap of C$397.3 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TRX Gold and its competitors. According to the industry distribution chart, TRX Gold ranks #547 out of 2686 companies in the Metals & Mining industry, placing it in the top 20.4%.
Is TRX Gold's Market Cap too high?
TRX Gold's current Market Cap is C$397.3 Mil. Based on the distribution chart, TRX Gold ranks #547 out of 2686 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, TRX Gold has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's Market Cap compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #547 out of 2686 companies for Market Cap. This places TRX Gold in the top 20% of its industry — outperforming the majority of peers. The industry median Market Cap is 21.11. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Metals & Mining company?
The median Market Cap among Metals & Mining companies is 21.11, based on 2,686 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TRX Gold and its competitors. For the Metals & Mining industry, the median Market Cap is 21.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRX Gold's current Market Cap is C$397.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TRX Gold stock overvalued right now?
Based on GuruFocus' analysis, TRX Gold (TSX:TRX) is currently considered Modestly Undervalued. The stock's GF Value™ is C$1.67, compared to a current price of C$1.22 — trading 26.9% below its estimated fair value. The current Market Cap is C$397.3 Mil. TRX Gold's overall GF Score™ is 61/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For TRX Gold (TSX:TRX), the current Market Cap is C$397.3 Mil as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TRX Gold (TSX:TRX) Overvalued in 2026?
Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued.
The current stock price of C$1.22 is trading 26.9% below its estimated GF Value™ of C$1.67.
GuruFocus considers TRX Gold to be Modestly Undervalued.
Key valuation signals for TSX:TRX:
Market Cap: C$397.3 Mil
GF Value™: C$1.67 vs. price of C$1.22 (26.9% below fair value)
No single metric tells the full story. See the TSX:TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TRX Gold Corp is engaged in the exploration, development, and production of mineral property interests in the United Republic of Tanzania, focused on development and mining operations, and on exploring and evaluating its mineral properties. The business of exploring and mining for minerals involves a high degree of risk, and the underlying value of the mineral properties depends on the existence and economic recovery of mineral resources and reserves, as well as the ability to raise long-term financing to continue development. The company is focused on the Buckreef Gold Project, which comprises five prospects: Buckreef, Bingwa, Tembo, Eastern Porphyry, and Buziba, and includes three main mineralized zones: Buckreef South, Buckreef Main, and Buckreef North.
61GF Score
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