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Stock impact report

TRX Gold Reports First Quarter 2025 Results

Tanzanian Gold Corporation (TRX) 
NASDAQ:AMEX Investor Relations: tanzanianroyalty.com
Company Research Source: GlobeNewswire
TORONTO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- TRX Gold Corporation (TSX: TRX) (NYSE American: TRX) (the “Company” or “TRX Gold”) today reported its results for the first quarter of 2025 (“Q1 2025”) for the three months ended November 30, 2024. Financial results are available on the Company’s website at www.TRXgold.com. Key highlights for Q1 2025 include: Capturing record gold prices: The Company poured 4,841 ounces of gold (Q1 2024: 4,927) and sold 4,813 ounces of gold (Q1 2024: 4,895) generating revenue of $12.5 million (Q1 2024: $9.4 million), gross profit of $4.8 million (Q1 2024: $3.7 million) and Adjusted EBITDA1 of $4.4 million (Q1 2024: $2.6 million). The increase in revenue, gross profit and Adjusted EBITDA1 compared to the prior comparative period is mainly related to a record average realized gold price (net)1 of $2,653 per ounce (Q1 2024: $1,942 per ounce).Production level in line with expectations and mine sequencing: Gold production in Q1 2025 was mai Show less Read more
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