Quarterly ResultApr 15, 2026, 06:17 AM
TRX Gold Reports Record Q2 Revenue of $34.1M, Gold Poured 7,453 oz
AI Summary
TRX Gold reported record Q2 2026 results, with revenue of $34.1 million and 7,453 ounces of gold poured. The company achieved a gross profit of $21.1 million and adjusted EBITDA of $20.2 million, driven by low-cost operations and high gold prices. With a strong cash position, TRX Gold is advancing its plant expansion to 3,500+ tpd and plans to update its PEA study for the Buckreef project, expecting vastly improved economics.
Key Highlights
- Record Q2 2026 revenue: $34.1 million.
- Gold poured: 7,453 ounces in Q2 2026.
- Adjusted EBITDA: $20.2 million (59% margin).
- New plant expansion to 3,500+ tpd capacity.
- Cash balance of $26.0 million.