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Tanzanian Royalty Exploration (TSE:TRX)
TSX:TRX
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Earnings Data
Report Date
Jan 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 13, 2020
|% Change Since: -2.04%
|Next Earnings Date:Apr 11, 2019
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in revenue, EBITDA, and exploration success, demonstrating strong operational performance and strategic expansion. However, concerns were raised about stock performance, communication with investors, and lack of clear production forecasts, which may affect market perception and investor confidence.Company Guidance
During the TRX Gold Corporation's Q4 2024 earnings call, significant guidance was provided regarding the company's performance metrics and future outlook. The company reported record revenue and EBITDA, driven by maintaining low costs and benefiting from an uptick in gold prices. They highlighted their successful third mill expansion, which increased capacity to 2,000 tonnes per day. Despite entering 2025 with a softer first half due to lower-grade mining, they anticipate higher cash flow in the latter half as they access higher-grade deposits. The company maintained a strong gross profit margin of around 44% for the full year, emphasizing their high-margin, low-cost business model. Operational cash flow was reported at $15 million, with $14 million reinvested back into the business, particularly for the plant expansion. Looking ahead, TRX Gold plans to increase operational efficiencies and possibly expand throughput further to enhance recovery rates. Additionally, they are focused on a balanced approach by funding growth through operating cash flow rather than external financing.Record Revenue and EBITDA
TRX Gold achieved record revenue and EBITDA for the year, with revenue surpassing $40 million and gross profit around $18 million, marking a 44% profit margin.
Successful Mill Expansion
The mill expansion project was completed on time and on budget, increasing throughput to 2,000 tonnes per day, which is expected to enhance gold production in the upcoming year.
Significant Exploration Success
The company discovered the Stamford Bridge shear zone, a new shear zone with promising drill results, indicating potential for future resource expansion.
Strong Operational Performance
The company maintained a high-margin, low-cost operation with an average gold sale price of $2,180 per ounce and cash costs around $1,100 per ounce.
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TSE:TRX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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TSE:TRX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 02, 2024 | C$0.49 | C$0.50 | +2.04% |
| Jul 15, 2024 | C$0.60 | C$0.57 | -5.00% |
| Apr 15, 2024 | C$0.56 | C$0.56 | 0.00% |
| Jan 15, 2024 | C$0.51 | C$0.51 | +0.99% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Tanzanian Royalty Exploration (TSE:TRX) report earnings?
Tanzanian Royalty Exploration (TSE:TRX) is schdueled to report earning on Jan 21, 2025, TBA Not Confirmed.
What is Tanzanian Royalty Exploration (TSE:TRX) earnings time?
Tanzanian Royalty Exploration (TSE:TRX) earnings time is at Jan 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TRX EPS forecast?
Currently, no data Available
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