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Tanzanian Royalty Exploration (TRX)
:TRX
Earnings Data
Report Date
Apr 10, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
<0.01Last Year’s EPS
0Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 15, 2025
|% Change Since: -6.06%
|Next Earnings Date:Apr 10, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant efficiency gains and financial improvements due to cost reductions and increased throughput, despite challenges with lower grade profiles and short-term production adjustments. Strong exploration results further bolster future growth prospects.Company Guidance
During the Q1 2025 earnings call for TRX Gold, CEO Stephen Mullowney provided guidance that highlighted several key metrics and strategic directions. Despite a lower grade profile of 1.25 grams per tonne compared to 2.5 grams per tonne in Q1 2024, the company maintained equivalent production levels due to the expanded plant's operational efficiencies, resulting in a reduction of processing costs per tonne by over half to $12.60. The company reported an increase in adjusted EBITDA and cash flow from operations, benefiting from higher gold prices, which reached $2,653 per ounce. The focus remains on expanding resources and production, with plans to reinvest cash flow into exploration and infrastructure developments. Additionally, TRX Gold is considering enhancements such as a flotation circuit to improve recovery rates, ensuring sustained growth and profitability in the future.Cost Reduction and Efficiency Gains
The expanded plant has successfully reduced operating costs per tonne by over half, even with a lower grade profile in Q1 2025, demonstrating the scalability and low-cost nature of the operation.
Increased Throughput and Financial Metrics
The plant operated at full capacity with over 100% increase in throughput year-over-year, leading to higher adjusted EBITDA and cash flow from operations due to lower costs and higher gold prices, achieving $2,653 per ounce.
Strong Exploration Results
Record drill hole results at Stanford Bridge with high-grade discoveries, which are expected to be incorporated into future mine plans, indicating strong exploration potential.
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TRX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TRX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 15, 2025 | $0.33 | $0.32 | -3.03% |
| Dec 02, 2024 | $0.36 | $0.35 | -2.78% |
| Jul 15, 2024 | $0.44 | $0.42 | -4.55% |
| Apr 15, 2024 | $0.42 | $0.41 | -2.38% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Tanzanian Royalty Exploration (TRX) report earnings?
Tanzanian Royalty Exploration (TRX) is schdueled to report earning on Apr 10, 2025, TBA Not Confirmed.
What is Tanzanian Royalty Exploration (TRX) earnings time?
Tanzanian Royalty Exploration (TRX) earnings time is at Apr 10, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TRX EPS forecast?
TRX EPS forecast for the fiscal quarter 2025 (Q2) is <0.01.
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