Should I buy or sell Torex Gold Resources stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Torex Gold Resources in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TORXF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TORXF, but not buy additional shares or sell existing shares. View TORXF analyst ratings or view top-rated stocks .

What is Torex Gold Resources' stock price target for 2024?

1 equities research analysts have issued 12 month price objectives for Torex Gold Resources' shares. Their TORXF share price targets range from $24.00 to $24.00. On average, they predict the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 62.3% from the stock's current price. View analysts price targets for TORXF or view top-rated stocks among Wall Street analysts .

How have TORXF shares performed in 2024?

Torex Gold Resources' stock was trading at $11.02 on January 1st, 2024. Since then, TORXF stock has increased by 34.2% and is now trading at $14.79. View the best growth stocks for 2024 here .

When is Torex Gold Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our TORXF earnings forecast .

How do I buy shares of Torex Gold Resources?

Shares of TORXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

OTCMKTS:TORXF

Torex Gold Resources (TORXF) Stock Price, News & Analysis

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$14.79

+0.36 (+2.49%)

(As of 04/19/2024 ET)

Compare

Today's Range: $14.41
▼
$15.02
50-Day Range: $9.56
▼
$14.93
52-Week Range: $9.00
▼
$19.00

Volume: 27,385 shs
Average Volume: 41,142 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $24.00

Stock Analysis Analyst Forecasts Chart Headlines Short Interest

Get Torex Gold Resources alerts:

Torex Gold Resources MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 62.3% Upside
$24.00 Price Target
Short Interest: Bearish
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.04 out of 5 stars

3.0

Analyst's Opinion

Consensus Rating
Torex Gold Resources has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Torex Gold Resources has received no research coverage in the past 90 days.

2.0

Short Interest

Percentage of Shares Shorted
Short Interest Ratio / Days to Cover
Torex Gold Resources has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Torex Gold Resources has recently increased by 17.16%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Torex Gold Resources does not currently pay a dividend.
Dividend Growth
Torex Gold Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for TORXF.

2.5

News and Social Media Coverage

News Sentiment
Torex Gold Resources has a news sentiment score of 1.44. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.43 average news sentiment score of Basic Materials companies.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Torex Gold Resources insiders have not sold or bought any company stock.
Percentage Held by Institutions
74.00% of the stock of Torex Gold Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.0

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Torex Gold Resources is -257.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Torex Gold Resources is -257.43, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

See Top Rated MarketRank™ Stocks Here

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About Torex Gold Resources Stock (OTCMKTS:TORXF)

Torex Gold Resources Inc. operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City. It also mines for silver, copper, and carbon deposits. The company was formerly known as Gleichen Resources Ltd. and changed its name to Torex Gold Resources Inc. in April 2010. Torex Gold Resources Inc. was incorporated in 1980 and is headquartered in Toronto, Canada.

TORXF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

TORXF Stock News Headlines

April 13, 2024 | markets.businessinsider.com

Buy Rating Affirmed for Torex Gold Resources Amidst Strong Quarterly Performance and Promising Media Luna Project

March 30, 2024 | markets.businessinsider.com

RBC Capital Keeps Their Buy Rating on Torex Gold Resources (TORXF)

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March 18, 2024 | finance.yahoo.com

Torex Gold Resources (TSE:TXG) Ticks All The Boxes When It Comes To Earnings Growth

February 26, 2024 | finanznachrichten.de

Torex Gold Resources Inc.: Torex Gold Reports Additional Impressive Drilling Results from ELG Underground

February 21, 2024 | finance.yahoo.com

Torex Gold Reports an Excellent Close to 2023

February 18, 2024 | finance.yahoo.com

Investors Will Want Torex Gold Resources' (TSE:TXG) Growth In ROCE To Persist

February 7, 2024 | finanznachrichten.de

Torex Gold Resources Inc.: Torex Gold Provides Q4 2023 Update on Media Luna Project

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January 23, 2024 | seekingalpha.com

Torex Gold: Back On The Sale Rack

January 19, 2024 | markets.businessinsider.com

Torex Gold Resources (TORXF) Receives a Buy from RBC Capital

January 16, 2024 | finance.yahoo.com

Torex Gold Provides 2024 Operational Guidance and Updated Five-year Production Outlook

January 10, 2024 | msn.com

Torex Gold Resources reports Q4 production of ~138k oz gold

January 10, 2024 | juniorminingnetwork.com

Torex Gold Resources Reports Strong Close to 2023; Production guidance achieved for the fifth consecutive year

January 9, 2024 | finance.yahoo.com

Torex Gold Reports Strong Close to 2023

December 22, 2023 | finance.yahoo.com

Torex Gold Reports Successful Breakthrough of Guajes Tunnel Three Months Ahead of Schedule

November 29, 2023 | msn.com

Torex Gold on the rise as RBC upgrades on Media Luna construction progress

November 15, 2023 | msn.com

Torex Gold Resources GAAP EPS of $0.09, revenue of $160.1M

November 14, 2023 | juniorminingnetwork.com

Torex Gold Resources Reports Third Quarter 2023 Results

November 4, 2023 | morningstar.com

Torex Gold Resources Inc TORXF

October 31, 2023 | juniorminingnetwork.com

Torex Gold Resources Provides Quarterly Update on Media Luna Project

October 30, 2023 | finance.yahoo.com

Torex Gold Provides Quarterly Update on Media Luna Project

October 15, 2023 | msn.com

Torex Gold: The Media Luna Project Is A Game Changer

October 12, 2023 | finanznachrichten.de

Torex Gold Resources Inc.: Torex Gold Reports Q3 2023 Production Results

October 11, 2023 | juniorminingnetwork.com

Torex Gold Resources Reports Q3 2023 Production Results

October 11, 2023 | finance.yahoo.com

Torex Gold Reports Q3 2023 Production Results

September 12, 2023 | markets.businessinsider.com

Torex Gold Resources (TORXF) Gets a Hold from RBC Capital

See More Headlines

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Company Calendar

Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Sector: Basic Materials
Industry: Gold
Sub-Industry: N/A
Current Symbol: OTCMKTS:TORXF
Previous Symbol: NASDAQ:TORXF
CUSIP: N/A
CIK: N/A
Web: www.torexgold.com
Phone: (647) 260-1500
Fax: N/A
Employees: 883
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $24.00
High Stock Price Target: $24.00
Low Stock Price Target: $24.00
Potential Upside/Downside: +62.3%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

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Key Executives

Ms. Jody L. M. Kuzenko L.L.B. (Age 53)
CEO, President & Non-Independent Director
Comp: $1.42M
Mr. Andrew P. Snowden C.A.
CPA, Chief Financial Officer
Mr. Dave Stefanuto P.Eng.
Executive Vice President of Technical Services & Capital Projects
Ms. Angela Mary Robson
Senior Vice President of Human Resources, ESG & Communications
Mr. Faysal Rodriguez
Senior Vice President of Mexico
Mr. Daniel James Thomas Rollins C.F.A.
Senior Vice President of Corporate Development & Investor Relations
Ms. Mary Delores Batoff L.L.B.
General Counsel & Corporate Secretary

Key Competitors

View All Competitors

TORXF Stock Analysis - Frequently Asked Questions

Should I buy or sell Torex Gold Resources stock right now?: 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Torex Gold Resources in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" TORXF shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TORXF, but not buy additional shares or sell existing shares.
View TORXF analyst ratings or view top-rated stocks.
What is Torex Gold Resources' stock price target for 2024?: 1 equities research analysts have issued 12 month price objectives for Torex Gold Resources' shares. Their TORXF share price targets range from $24.00 to $24.00. On average, they predict the company's stock price to reach $24.00 in the next year. This suggests a possible upside of 62.3% from the stock's current price.
View analysts price targets for TORXF or view top-rated stocks among Wall Street analysts.
How have TORXF shares performed in 2024?: Torex Gold Resources' stock was trading at $11.02 on January 1st, 2024. Since then, TORXF stock has increased by 34.2% and is now trading at $14.79.
View the best growth stocks for 2024 here.

When is Torex Gold Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our TORXF earnings forecast.
How do I buy shares of Torex Gold Resources?: Shares of TORXF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (OTCMKTS:TORXF) was last updated on 4/20/2024 by MarketBeat.com Staff

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