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Stock impact report

TRX Gold Reports Year-End 2024 Results [Yahoo! Finance]

TRX Gold Corporation (TRX) 
NASDAQ:AMEX Investor Relations: tanzanianroyalty.com
Company Research Source: Yahoo! Finance
Gold”) today reported its results for the year end August 31, 2024, and fourth quarter (“Q4 2024”). Financial results are available on the Company's website at www.TRXgold.com Highlights include: Annual production of 19,389 ounces of gold, sold at record gold spot prices, resulting in full year record revenue of $41.2 million, gross profit of $17.9 million, operating cashflow of $15.3 million, and record adjusted EBITDA of $15.3 million. Continued prudent capital management by reinvesting $14 million of cash flow generated from operations to fund the Company's third successful plant expansion to 2,000 tonnes per day (“tpd”) that was fully commissioned at the end of the fourth quarter. The expanded processing plant is expected to enhance plant throughput and benefit gold production in fiscal 2025. Subsequent to year-end, the Company announced its two best drill results ever, which led to the discovery of a promising new gold mineralization shear zone named the Stamford Bridge Z Show less Read more
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