Crypto
TRX Gold Posts Record Production in Fiscal Q4
TRX Gold has announced higher gold production in its fiscal fourth quarter. The company produced 8,173 ounces of gold, up 28% from last year's 6,404 ounces.
This marks a significant increase for TRX Gold, which also reported that its total gold production for the fiscal year 2026 reached 29,650 ounces. This represents a 57% year-over-year jump and meets the top end of the company's annual production guidance range.
The stronger average market price for gold is expected to drive revenue growth in the fiscal fourth quarter and full-year 2026. TRX Gold is also advancing upgrades at its existing processing plant and developing a new one, which will increase its capacity to 3,500 tonnes per day.