TRX Gold delivered a record-breaking Q2, with significant operational growth and robust financial performance driven by higher gold prices and expanded milling capacity.
- Q2 gold production reached nearly 7,500 ounces, setting a new quarterly record.
- Record quarterly revenue of over $34 million, with adjusted EBITDA exceeding $20 million—annualized EBITDA over $80 million.
- Realized gold price hit a record average of $4,655 per ounce, amplifying profitability.
- Strong working capital position at $26 million and access to $12 million credit lines, supporting ongoing expansion.
- Company maintains full-year production guidance, with expansion plans underway leveraging higher gold prices and operational efficiencies.
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