TRX Stock Forecast & Price Target

TRX Gold Corp has experienced significant financial improvements, highlighted by a 23% year-over-year increase in revenue, driven primarily by higher average realized gold prices, which rose by 39% to $3,122 per ounce. The company's working capital has strengthened due to robust cash flow, and its successful mine sequencing and stripping campaign have resulted in better production metrics as it accessed higher-grade ore blocks in late fiscal year 2025. With the backdrop of rising gold, silver, and copper prices, TRX Gold's foundation for a profitable 2026 appears solid, bolstered by ongoing exploration and expansion efforts in its key Buckreef Gold Project.

TRX Gold Corp reported a revenue of $12.5 million for the quarter, reflecting a modest increase from the previous year's revenue of $10.1 million. Despite this revenue growth, the company continues to experience net losses, posting a loss of $0.2 million, albeit an improvement from the $1.7 million loss in the same quarter the previous year. The company's financial challenges are underscored by its reliance on internal cash flows to fund a $20 million expansion and exploration program, raising concerns about long-term financing capabilities and the inherent risks associated with its mineral exploration and development activities.