5 Parts of TRX Gold's Capital Strategy, From Funding Growth to Possible Buybacks - Article
TRX Gold (TSX: TRX, NYSE: TRX) is prioritizing a mill expansion at its Buckreef Gold Project, using cash flow. CEO Stephen Mullowney targets EBITDA of over $200M in 3-4 years, up from $80M currently. The company plans to spend $45M-$50M on expansion and exploration, with a buyback considered only after completion. Fiscal 2026 saw 29,650 ounces of gold produced, meeting guidance.



