The latest announcement is out from Tanzanian Royalty Exploration ( (TSE:TRX) ).
On April 15, 2025, TRX Gold Corporation announced its second quarter 2025 results, highlighting a strong financial performance driven by record gold prices and reduced mining costs. The company reported increased revenue and operating cash flow, despite a temporary dip in gold production due to scheduled ore sequencing. TRX Gold is poised for growth with plans to access higher-grade ore in the second half of 2025 and expand the Buckreef Gold operation. The company also achieved exploration success at the Stamford Bridge Zone and strengthened its board with a new member, positioning itself for future expansion and improved project economics.
More about Tanzanian Royalty Exploration
TRX Gold Corporation is a company focused on advancing the Buckreef Gold Project, which hosts a significant mineral resource in Tanzania. The company aims to increase gold production to generate positive cash flow, which will be used for exploratory drilling and advancing project development. TRX Gold is committed to high environmental, social, and corporate governance standards.
YTD Price Performance: -4.06%
Average Trading Volume: 452,561
Technical Sentiment Signal: Buy
Current Market Cap: $88.29M
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