TRX Gold Corp releases strong Q4 and year-end results as company looks for a big 2023

Digital Asset Direct by TRX Gold

Vancouver, British Columbia | December 06, 2022 08:00 AM Pacific Standard Time

TRX Gold Corp CEO Stephen Mullowney joined Proactive following the release of the company's latest results. The company exceeded guidance with revenue of $15.1 million, cost of sales of $5.7 million and cash costs of $665 per ounce of gold with gross profit of 9.4 million and a gross profit margin of 62%. Mullowney said 2022 saw building and expanding the mill at Buckreef, increasing gold production, and significantly improving finance.

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