TRX Gold price target raised to $1.40 from $1.30 at H.C. Wainwright

H.C. Wainwright analyst Heiko Ihle raised the firm’s price target on TRX Gold to $1.40 from $1.30 and keeps a Buy rating on the shares following the fiscal Q2 results. The company has already seen a variety of improvements following the end of the quarter, the analyst tells investors in a research note.