TRX Gold Set for Growth with Plant Upgrade
Company Announcements

TRX Gold Set for Growth with Plant Upgrade

Tanzanian Royalty Exploration (TSE:TRX) has released an update.

TRX Gold Corporation is poised for substantial growth with its plant expansion set to double production capacity, expecting to complete in early Q4 2024. The company reported strong Q2 results, including increased gold production and solid operating cash flow, underpinned by robust gross profit margins. With the new crushing circuit operational, TRX Gold anticipates further efficiency gains and plans to resume its exploration program in the same quarter.

For further insights into TSE:TRX stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskTRX Gold Unveils Major Discovery at Buckreef
TipRanks Canadian Auto-Generated NewsdeskTRX Gold Hits High Recovery Rates at Buckreef
TheFlyTRX Gold completes metallurgical variability study at Buckreef Gold
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App