TRX Gold Corporation reported positive financial results for Q3 2025, with increased revenue, profitability, and cash flow in a record gold price environment. The Company saw a significant improvement in its working capital position and established domestic gold sales. Buckreef Gold signed a Gold Sale Service Agreement with the Bank of Tanzania to sell a minimum of 20% of its local gold production domestically. The Company’s short-to-medium term priorities include expanding and upgrading processing capacity, greenfield exploration, and strengthening liquidity. Key highlights for Q3 and Year to Date 2025 include a Preliminary Economic Assessment demonstrating scale and compelling growth plan economics, with average annual gold production of 62,000 ounces per year over a 17.6 year mine life. TRX Gold’s leadership team is focused on increasing shareholder value by increasing gold production and growing mineral resources through exploration. Adjusted EBITDA and average realized price per ounce of gold sold are key non-IFRS performance measures used by the Company to evaluate operational performance. TRX Gold emphasizes the importance of forward-looking and cautionary statements in assessing future performance and potential risks.
Read more at GlobeNewswire: TRX Gold Reports Third Quarter 2025 Results