TSX:TRXMetals and Mining
Why TRX Gold (TSX:TRX) Is Up 10.2% After Record Buckreef Output Amid Net Loss
TRX Gold Corporation recently reported fiscal first-quarter 2026 results, highlighting record gold production of 6,597 ounces at its Buckreef mine in Tanzania, revenue of US$25.12 million, and a net loss of US$4.17 million for the period ended November 30, 2025.
While earnings were weighed down by non-cash and one-off items, TRX Gold is cash-funding processing plant expansions and exploration aimed at scaling Buckreef’s output and improving operating efficiency.
With recent share price...