Quarterly ResultJul 15, 2026, 04:32 PM
TRX Gold Q3 Revenue $32.9M, EBITDA $20.7M; Gold Production +58%
AI Summary
TRX Gold Corporation reported strong Q3 2026 results, driven by record processing plant throughput and higher gold prices. The company achieved a 58% increase in gold ounces poured and a 75% increase in ounces sold year-over-year, leading to record revenue of $32.9 million and adjusted EBITDA of $20.7 million. TRX Gold has already met its full-year production guidance and is advancing significant plant expansions, including a new 3,500 tpd SAG mill, to unlock further value and increase processing capacity.
Key Highlights
- Q3 2026 revenue increased to $32.9 million, up from $12.5 million year-over-year.
- Q3 2026 adjusted EBITDA reached a record $20.7 million, compared to $4.0 million last year.
- Gold ounces poured in Q3 2026 increased 58% to 7,426 ounces; 6,983 ounces sold.
- Year-to-date gold production exceeded 25,000 ounces, achieving full-year guidance.
- Planned expansion includes a new 3,500 tpd SAG mill and upgrades to the 2,000 tpd plant.
- Cash on hand $26.8 million; working capital current ratio improved to 2.2.
- ROM stockpile inventory holds 19,373 oz of gold, valued at $89.0 million.
- Achieved over 6,000,000 LTI-free manhours, demonstrating strong safety.
Price Impact
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