TRX (TRX Gold) Moat Score: 2/10 (As of Jul. 02, 2026)


TRX TRX Gold Corp TRX
47 GF Score
Price $0.89
GF Value $1.15
Valuation Modestly Undervalued
! 1 Warning Sign
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What is TRX Gold Moat Score?

TRX Gold TRX +5.37% 47 Moat Score is 2 as of Jul. 02, 2026. GuruFocus rates TRX with a GF Score™ of 47/100 and a GF Value™ of $1.15 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 2,612 Metals & Mining companies, TRX Gold ranks better than 83.23% on this metric.

TRX Gold has the Moat Score of 2, which implies that the company might have No Moat - Very weak/transient advantages.

TRX Gold has No Moat: TRX Gold Corp lacks significant market leadership or unique competitive advantages. The company does not exhibit strong brand strength, intellectual property, or cost advantages. Its market position is not protected by network effects or regulatory barriers, leading to a very weak competitive position.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes TRX Gold might have No Moat - Very weak/transient advantages.

TRX Gold  (AMEX:TRX) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

TRX Gold Moat Score Related Terms

TRX vs NEM, AU: Moat Score Comparison

For the Gold subindustry, TRX Gold's Moat Score, along with its competitors' market caps and Moat Score 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 Moat Score vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, TRX Gold's Moat Score distribution charts can be found below:

* The bar in red indicates where TRX Gold's Moat Score falls into.


TRX
47GF Score
TRX Gold Corp TRX
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 2 mean?
TRX Gold (TRX) has a Moat Score of 2 as of Jul. 02, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, TRX Gold ranks #438 out of 2612 companies in the Metals & Mining industry, placing it in the top 16.8%.
Is TRX Gold's Moat Score too high?
TRX Gold's current Moat Score is 2. The Metals & Mining industry median Moat Score is 1.00. TRX Gold's value of 2 is 100% above this industry median. Based on the distribution chart, TRX Gold ranks #438 out of 2612 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 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TRX Gold's Moat Score compare to NEM and AU?
According to the Metals & Mining industry distribution chart, TRX Gold ranks #438 out of 2612 companies for Moat Score. This places TRX Gold in the top 17% of its industry — outperforming the majority of peers. The industry median Moat Score is 1.00. TRX Gold's value of 2 is 100% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for a Metals & Mining company?
The median Moat Score among Metals & Mining companies is 1.00, based on 2,612 companies in the industry. Companies in the top quartile (top 25%) have a Moat Score significantly above this median, while those in the bottom quartile fall well below. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TRX Gold's current Moat Score of 2 is 100% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. For the Metals & Mining industry, the median Moat Score is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TRX Gold's current Moat Score is 2. 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 (TRX) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.15, compared to a current price of $0.89 — trading 23% below its estimated fair value. The current Moat Score is 2 and 100% above the Metals & Mining industry median of 1.00. TRX Gold's overall GF Score™ is 47/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For TRX Gold (TRX), the current Moat Score is 2 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 (TRX) Overvalued in 2026?

Based on GuruFocus' analysis, TRX Gold stock appears to be undervalued. The current stock price of $0.89 is trading 23% below its estimated GF Value™ of $1.15. GuruFocus considers TRX Gold to be Modestly Undervalued.

Key valuation signals for TRX:

  • Moat Score: 2
  • GF Value™: $1.15 vs. price of $0.89 (23% below fair value)
  • GF Score™: 47/100 with 1 warning sign
  • Industry Position: 100% above the Metals & Mining median (#438 of 2612)

No single metric tells the full story. See the TRX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

TRX Gold Business Description

Other Exchanges TRG0:GermanyTRX:Canada
Address 277 Lakeshore Road East, Suite 403, Oakville, ON, CAN, L6J 6J3
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.
47GF Score

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$0.89
Price
$1.15
GF Value