Well, of course it CAN be fixed. The question is just HOW you want it to be fixed.
Option 1: cut a little piece of brass (I'd probably use 1/8 sheet), briefly form it to mate with the tube and the guard, solder in place. Perfectly functional and serviceable, but not original in appearance.
Option 2: cut and form a piece of brass to duplicate the rather elaborate shape of the other supports, solder in place. Approaches original appearance, requires a lot more labor time.
It's hard to tell from the photo, but if the impact that knocked that piece off distorted the sax body, that needs to be fixed first.