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TRX Gold Reports Strong Financial Turnaround in Q4 2024
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TRX Gold Reports Strong Financial Turnaround in Q4 2024

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Tanzanian Royalty Exploration ( (TSE:TRX) ) has shared an announcement.

TRX Gold Corporation released its financial results for the three months ending November 30, 2024, showing a significant increase in revenue from $9.4 million in 2023 to $12.5 million in 2024. The company also reported a net income of $2.1 million, a substantial turnaround from a net loss of $39,000 in the previous year, indicating improved financial health and operational success.

More about Tanzanian Royalty Exploration

TRX Gold Corporation is a company operating within the mining industry, focusing on gold exploration and production. The company is based in Canada and has a market presence in the gold production sector.

YTD Price Performance: 4.76%

Average Trading Volume: 493,250

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $97.45M

Learn more about TRX stock on TipRanks’ Stock Analysis page.

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