Earnings ·
TRX Gold Corp reported record operational results for the three months ended May 31, 2026, including a record…
TRXTRX GOLD Corp
TRX Gold Corp reported record operational results for the three months ended May 31, 2026, including a record processing plant throughput of 1,690 tonnes per day and an improved recovery rate of 84.9%. The company poured 7,426 ounces of gold in Q3 2026, a 58% increase year-over-year, and realized an average price of $4,703 per ounce. Revenue for the quarter reached $32.8 million compared to $12.5 million in the prior year, resulting in a gross profit of $19.4 million. For the nine months ended May 31, 2026, the company produced 21,476 ounces of gold and recognized revenue of $92.0 million. Management is currently planning a plant expansion to a 3,500 tonnes per day capacity following successful metallurgical testwork. The company operates in the gold mining industry, developing the Buckreef Gold Project in Tanzania.