TRX Gold Corporation reported its financial results for the second quarter of 2025, covering the three and six months ended February 28, 2025. The company reported a loss of $2.5 million, or 1 cent per share, on revenue of $9.1 million.
Quarterly gold production was impacted by scheduled ore sequencing and stripping activities, which are necessary for accessing higher-grade ore. Despite this, the company noted higher revenue and strong cash flow, supported by its expanded 2,000 tonne per day plant and record realized gold prices.
Management stated that the strip campaign is well advanced, and improved mining grades are beginning to be observed. The company anticipates stronger performance in the second half of the fiscal year as it gains access to these higher-grade ore blocks.
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