TRX GOLD Corp (NYSE: TRX)

TRX Gold Corporation is engaged in the exploration and development of gold properties with a primary focus on Tanzania in East Africa. The company's main area of interest is the Buckreef Gold Project which includes an established open pit operation and a 2,000 tonnes per day process plant. TRX Gold seeks to increase gold production to generate positive cash flow and expand mineral resources through exploration while adhering to high environmental social and governance standards.

TRX Gold Corporation generates revenue through the sale of gold produced from its Buckreef Gold Project. The company operates the mine and process plant to extract gold from ore and sells the refined gold product. Revenue is derived from gold sales to market participants in the global gold trade. In fiscal 2025 the company sold approximately 19,213 ounces of gold at an average realized price of $3,033 per ounce resulting in record full year revenue of $57.6 million.

The company operates through the following segments:.

TRX Gold Corporation positions itself as a high margin and growing gold company advancing the Buckreef Gold Project in Tanzania. The company competes with numerous other companies and individuals in the search for and acquisition of quality mineral properties and permits. Its competitive advantages include its 55% interest in the Buckreef Gold Project through its subsidiary TRX Gold Tanzania Limited its established open pit operation and process plant and its focus on creating near-term and long-term shareholder value through increased production and resource growth.

TRX Gold Corporation sells its gold production to market participants in the global gold trade. The company does not disclose specific customer names in its filing. Its customer base consists of entities involved in the purchase and trade of gold such as refineries traders and financial institutions that participate in the international gold market.