TSE:TXG

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

C$19.64
+0.06 (+0.31%)
(As of 11:09 AM ET)
Today's Range
C$19.40
C$19.93
50-Day Range
C$12.96
C$20.38
52-Week Range
C$12.40
C$25.40
Volume
80,461 shs
Average Volume
260,251 shs
Market Capitalization
C$1.69 billion
P/E Ratio
6.18
Dividend Yield
5.67%
Price Target
C$24.68

Torex Gold Resources MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
26.0% Upside
C$24.68 Price Target
Short Interest
N/A
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.43mentions of Torex Gold Resources in the last 14 days
Based on 4 Articles This Week
Insider Trading
Acquiring Shares
C$57,500 Bought Last Quarter
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.

3.95 out of 5 stars

TXG stock logo

About Torex Gold Resources Stock (TSE:TXG)

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.

TXG Stock Price History

TXG Stock News Headlines

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Torex Gold Resources Reports Q1 2024 Production Results
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TOREX GOLD RESOURCES INC
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Sprott Physical Gold Trust (PHYS-U.TO)
Torex Gold: Another Solid Year
Torex Gold Resources Provides Q4 2023 Update on Media Luna Project
Torex Gold Provides Q4 2023 Update on Media Luna Project
Norman Rothery: Portfolios for value and dividend investors
Torex Gold Resources Inc TXG
Canadian Market Up Firmly In Positive Territory; Materials Shares Rise
Torex Gold Resources reports Q3 results
Torex Gold Reports Third Quarter 2023 Results
See More Headlines
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Company Calendar

Last Earnings
2/21/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/08/2024

Industry, Sector and Symbol

Industry
Gold
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
852
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
C$24.68
High Stock Price Target
C$30.00
Low Stock Price Target
C$22.00
Potential Upside/Downside
+26.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
6 Analysts

Profitability

Net Income
C$204.40 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$882.60 million
Cash Flow
C$4.85 per share
Book Value
C$17.41 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.68 billion
Optionable
Not Optionable
Beta
1.18
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Key Executives

  • Ms. Jody L. M. Kuzenko L.L.B. (Age 53)
    CEO, President & Non-Independent Director
    Comp: $1.93M
  • 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

TXG Stock Analysis - Frequently Asked Questions

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Torex Gold Resources in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TXG shares.
View TXG analyst ratings
or view top-rated stocks.

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

6 Wall Street research analysts have issued 1-year target prices for Torex Gold Resources' shares. Their TXG share price targets range from C$22.00 to C$30.00. On average, they predict the company's share price to reach C$24.68 in the next twelve months. This suggests a possible upside of 26.0% from the stock's current price.
View analysts price targets for TXG
or view top-rated stocks among Wall Street analysts.

How have TXG shares performed in 2024?

Torex Gold Resources' stock was trading at C$14.62 at the beginning of 2024. Since then, TXG stock has increased by 33.9% and is now trading at C$19.58.
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 TXG earnings forecast
.

How were Torex Gold Resources' earnings last quarter?

Torex Gold Resources Inc. (TSE:TXG) released its earnings results on Wednesday, February, 21st. The company reported $0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.98 by $0.21. The company earned $384.49 million during the quarter. Torex Gold Resources had a trailing twelve-month return on equity of 14.68% and a net margin of 23.16%.

What other stocks do shareholders of Torex Gold Resources own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Torex Gold Resources investors own include Barrick Gold (GOLD), Detour Gold (DGC), Kinross Gold (K), Tourmaline Oil (TOU), B2Gold (BTO), Eldorado Gold (ELD), First Quantum Minerals (FM), Aurora Cannabis (ACB), Franco-Nevada (FNV) and OceanaGold (OGC).

How do I buy shares of Torex Gold Resources?

Shares of TXG stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

This page (TSE:TXG) was last updated on 4/23/2024 by MarketBeat.com Staff

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