TSE:TXG Torex Gold Resources (TXG) Stock Forecast, Price & News C$14.96 +0.48 (+3.31%) (As of 09/20/2023 ET) Add Compare Share Share Today's RangeC$14.48▼C$15.2350-Day RangeC$14.11▼C$19.4952-Week RangeC$8.07▼C$25.40Volume370,419 shsAverage Volume330,206 shsMarket CapitalizationC$1.28 billionP/E Ratio4.17Dividend YieldN/APrice TargetC$23.36 ProfileProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsHeadlinesSocial Media About Torex Gold Resources (TSE:TXG) StockTorex 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.Read More TXG Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TXG Stock News HeadlinesSeptember 19, 2023 | americanbankingnews.comTorex Gold Resources (TSE:TXG) Stock Price Passes Below 200 Day Moving Average of $19.18September 11, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for Torex Gold Resources Inc. (TSE:TXG) Boosted by CormarkSeptember 21, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 6, 2023 | finanznachrichten.deTorex Gold Resources Inc.: Torex Gold Reports Results From 2023 Drilling at EPOAugust 22, 2023 | theglobeandmail.comClosing Bell: Torex Gold Resources Inc down on Tuesday (TXG)July 18, 2023 | finance.yahoo.comWith 64% ownership, Torex Gold Resources Inc. (TSE:TXG) boasts of strong institutional backingJuly 13, 2023 | juniorminingnetwork.comTorex Gold Resources Reports Positive Drilling Results from ELG UndergroundJuly 13, 2023 | finanznachrichten.deTorex Gold Resources Inc.: Torex Gold Reports Q2 2023 Production ResultsSeptember 21, 2023 | Chaikin Analytics (Ad)Forget NVDA. Buy this A.I. stock insteadDozens of 100% - 1,000% opportunities over the last decade have led to this one under-the-radar A.I. stock... MORE HERE...July 12, 2023 | msn.comTorex Gold: Another Year Of Solid Resource GrowthJune 21, 2023 | finanznachrichten.deTorex Gold Resources Inc.: Torex Gold Announces Results of Its 2023 Meeting of ShareholdersJune 14, 2023 | finance.yahoo.comTorex Gold Resources Inc.'s (TSE:TXG) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?May 25, 2023 | finance.yahoo.comTorex Gold Releases 2022 Responsible Gold Mining ReportMay 24, 2023 | seekingalpha.comTXG:CA Torex Gold Resources Inc.May 12, 2023 | theglobeandmail.comClosing Bell: Torex Gold Resources Inc down on Thursday (TXG)May 4, 2023 | finance.yahoo.comTorex Gold Enters Into a Sustainability-Linked LoanMay 2, 2023 | juniorminingnetwork.comTorex Gold Resources Provides Second Quarterly Update on Media Luna ProjectApril 24, 2023 | theglobeandmail.comClosing Bell: Torex Gold Resources Inc up on Monday (TXG)April 21, 2023 | theglobeandmail.comClosing Bell: Torex Gold Resources Inc down on Friday (TXG)April 15, 2023 | finance.yahoo.comAre Investors Undervaluing Torex Gold Resources Inc. (TSE:TXG) By 36%?April 12, 2023 | theglobeandmail.comClosing Bell: Torex Gold Resources Inc up on Wednesday (TXG)April 12, 2023 | juniorminingnetwork.comTorex Gold Resources Reports Strong Start to 2023; Q1 Gold Production of 122,918 ouncesApril 12, 2023 | finance.yahoo.comTorex Gold Reports Strong Start to 2023March 28, 2023 | reuters.comSweden's Sandvik gets $63 million order from Canadian Torex GoldMarch 23, 2023 | finanznachrichten.deTorex Gold Resources Inc.: Torex Reports Encouraging Results From Drilling at EPOMarch 23, 2023 | finance.yahoo.comTorex Reports Encouraging Results From Drilling at EPOMarch 13, 2023 | finance.yahoo.comHere's Why Torex Gold Resources (TSE:TXG) Has Caught The Eye Of InvestorsSee More Headlines Receive TXG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Torex Gold Resources and its competitors with MarketBeat's FREE daily newsletter. Email Address TXG Company Calendar Last Earnings8/02/2023Today9/20/2023Next Earnings (Estimated)11/08/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE Industry Gold Sub-IndustryN/A SectorBasic Materials Current SymbolTSE:TXG CUSIPN/A CIKN/A Webwww.torexgold.com Phone+1-647-2601505FaxN/AEmployees852Year FoundedN/APrice Target and Rating Average Stock Price ForecastC$23.36 High Stock Price ForecastC$27.00 Low Stock Price ForecastC$19.00 Forecasted Upside/Downside+56.1%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.59 Trailing P/E Ratio4.17 Forward P/E Ratio9.72 P/E Growth0.02Net IncomeC$222 million Net Margins25.64% Pretax MarginN/A Return on Equity16.78% Return on Assets9.98% Debt Debt-to-Equity Ratio0.80 Current Ratio2.40 Quick Ratio2.12 Sales & Book Value Annual SalesC$865.90 million Price / Sales1.48 Cash FlowC$3.71 per share Price / Cash Flow4.04 Book ValueC$16.70 per share Price / Book0.90Miscellaneous Outstanding Shares85,890,000Free FloatN/AMarket CapC$1.28 billion OptionableNot Optionable Beta0.89 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMs. Jody L. M. Kuzenko L.L.B. (Age 53)CEO, Pres & Non-Independent Director Comp: $1.93MMr. Andrew P. Snowden C.A.CPA, Chief Financial OfficerMr. Dave Stefanuto P.Eng.Exec. VP of Technical Services & Capital ProjectsMs. Angela Mary RobsonSr. VP of HR, ESG & CommunicationsMr. Faysal RodriguezSr. VP of MexicoMr. Daniel James Thomas Rollins C.F.A.Sr. VP of Corp. Devel. & Investor RelationsMs. Mary Delores Batoff L.L.B.LLB, Gen. Counsel & Corp. Sec.More ExecutivesKey CompetitorsWesdome Gold MinesTSE:WDOSeabridge GoldTSE:SEASabina Gold & SilverTSE:SBBFortuna Silver MinesTSE:FVIK92 MiningTSE:KNTView All Competitors 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 Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Torex Gold Resources Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.