TRX Gold surges 11.84% after-hours on analyst 'BUY' ratings and $1.27 price target optimism.

TRX Gold (TRX:CA) surged 11.84% in after-hours trading, driven by renewed investor interest in its long-term growth potential despite subdued market activity. The stock, which has a beta of 0.36 and trading volume below its 52-week average, attracted attention as analysts maintained a bullish outlook, assigning a 12-month price target of $1.27—implying a 93.55% potential gain from current levels. The firm received two "BUY" ratings with no contrarian calls, highlighting its appeal as a low-volatility, gold-linked asset amid crypto market uncertainty. While Solana (SOL) dominated headlines with DeFi-driven gains, TRX Gold’s after-hours rally reflected its positioning as a hedging alternative for risk-averse investors seeking exposure to gold amid broader crypto volatility. The move aligns with its historical role as a stabilizing asset in diversified portfolios, despite mixed short-term performance.