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Disney Denies Rumors of TV Sale, After Stock Jumps on News
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S&P 500   4,402.20
DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
Options Trading Plan–Perfect For Beginners (Ad)
3 Tasty Dividend Stocks With Value and Above-Average Yields
3 ETFs for the Conservative Investor to Buy and Hold
Options Trading Plan–Perfect For Beginners (Ad)
Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24
5 NYSE-Listed Emerging Market Stocks For Income Investors
Legendary Stockpicker: "Buy this A.I. stock NOW" (Ad)
Disney Denies Rumors of TV Sale, After Stock Jumps on News
A small venture capital player becomes a symbol in the fight over corporate diversity policies
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DOW   34,440.88
QQQ   364.54
Flee to Healthcare Stocks if Recession Rears its Head?
Options Trading Plan–Perfect For Beginners (Ad)
3 Tasty Dividend Stocks With Value and Above-Average Yields
3 ETFs for the Conservative Investor to Buy and Hold
Options Trading Plan–Perfect For Beginners (Ad)
Stock market today: Asian shares track Wall Street's slump after Fed says rates may stay high in '24
5 NYSE-Listed Emerging Market Stocks For Income Investors
Legendary Stockpicker: "Buy this A.I. stock NOW" (Ad)
Disney Denies Rumors of TV Sale, After Stock Jumps on News
A small venture capital player becomes a symbol in the fight over corporate diversity policies
TSE:TXG

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

C$14.96
+0.48 (+3.31%)
(As of 09/20/2023 ET)
Compare
Today's Range
C$14.48
C$15.23
50-Day Range
C$14.11
C$19.49
52-Week Range
C$8.07
C$25.40
Volume
370,419 shs
Average Volume
330,206 shs
Market Capitalization
C$1.28 billion
P/E Ratio
4.17
Dividend Yield
N/A
Price Target
C$23.36

TXG stock logo

About Torex Gold Resources (TSE:TXG) Stock

Torex Gold Resources Inc. operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property that covers an area of 29,000 hectares located southwest of Mexico City. The company's principal assets include the El Limón Guajes mining complex comprising the El Limón Guajes open pits, the El Limón Guajes underground mine, and the processing plant and related infrastructure, and the Media Luna deposit, which is an advanced stage development project. 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 Price History

TXG Stock News Headlines

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TXG:CA Torex Gold Resources Inc.
Closing Bell: Torex Gold Resources Inc up on Monday (TXG)
Torex Gold Reports Strong Start to 2023
Torex Reports Encouraging Results From Drilling at EPO
See More Headlines
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TXG Company Calendar

Last Earnings
8/02/2023
Today
9/20/2023
Next Earnings (Estimated)
11/08/2023

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 Forecast
C$23.36
High Stock Price Forecast
C$27.00
Low Stock Price Forecast
C$19.00
Forecasted Upside/Downside
+56.1%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
C$222 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$865.90 million
Cash Flow
C$3.71 per share
Book Value
C$16.70 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.28 billion
Optionable
Not Optionable
Beta
0.89
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Key Executives

  • Ms. Jody L. M. Kuzenko L.L.B. (Age 53)
    CEO, Pres & Non-Independent Director
    Comp: $1.93M
  • Mr. Andrew P. Snowden C.A.
    CPA, Chief Financial Officer
  • Mr. Dave Stefanuto P.Eng.
    Exec. VP of Technical Services & Capital Projects
  • Ms. Angela Mary Robson
    Sr. VP of HR, ESG & Communications
  • Mr. Faysal Rodriguez
    Sr. VP of Mexico
  • Mr. Daniel James Thomas Rollins C.F.A.
    Sr. VP of Corp. Devel. & Investor Relations
  • Ms. Mary Delores Batoff L.L.B.
    LLB, Gen. Counsel & Corp. Sec.













TXG Stock - Frequently Asked Questions

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

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Torex Gold Resources in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" TXG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TXG, but not buy additional shares or sell existing shares.
View TXG analyst ratings
or view top-rated stocks.

What is Torex Gold Resources' stock price forecast for 2023?

3 analysts have issued 12 month price targets for Torex Gold Resources' shares. Their TXG share price forecasts range from C$19.00 to C$27.00. On average, they anticipate the company's stock price to reach C$23.36 in the next twelve months. This suggests a possible upside of 56.1% 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 2023?

Torex Gold Resources' stock was trading at C$15.55 on January 1st, 2023. Since then, TXG stock has decreased by 3.8% and is now trading at C$14.96.
View the best growth stocks for 2023 here
.

When is Torex Gold Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our TXG earnings forecast
.

How were Torex Gold Resources' earnings last quarter?

Torex Gold Resources Inc. (TSE:TXG) issued its earnings results on Wednesday, August, 2nd. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.05. The company had revenue of $283.83 million for the quarter. Torex Gold Resources had a trailing twelve-month return on equity of 16.78% and a net margin of 25.64%.

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

What is Torex Gold Resources' stock symbol?

Torex Gold Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "TXG."

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.

What is Torex Gold Resources' stock price today?

One share of TXG stock can currently be purchased for approximately C$14.96.

How much money does Torex Gold Resources make?

Torex Gold Resources (TSE:TXG) has a market capitalization of C$1.28 billion and generates C$865.90 million in revenue each year. The company earns C$222 million in net income (profit) each year or C$3.59 on an earnings per share basis.

How many employees does Torex Gold Resources have?

The company employs 852 workers across the globe.

How can I contact Torex Gold Resources?

Torex Gold Resources' mailing address is 145 King St W Suite 1502, TORONTO, ON M5H 1J8, Canada. The official website for the company is www.torexgold.com. The company can be reached via phone at +1-647-2601505.

This page (TSE:TXG) was last updated on 9/21/2023 by MarketBeat.com Staff

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