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TRX Gold Corporation (TSX: TRX) Reports 14% Revenue Surge in Q2 2025
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Highlights
TRX Gold Corporation (TSX: TRX) has reported its financial results for the second quarter of 2025, covering the three and six months ended February 28, 2025. The company’s performance for Q2 2025 was marked by increased revenue and operating cash flow, driven by a favorable gold price environment. The company generated $9.1 million in revenue for the quarter, a 14% increase from the previous year's $8.0 million. Operating cash flow also rose to $2.0 million, up from $1.0 million in Q2 2024.
The company achieved a decrease in mining costs, with mining cost per tonne reduced to $3.90 compared to $4.10 in Q2 2024. Processing costs also declined significantly, from $24.97 per tonne to $15.90 per tonne. These reductions were attributed to greater economies of scale following the completion of the expanded 2,000 tonne per day processing plant and more cost-effective site operations.
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