TSE:TXG

Torex Gold Resources - TXG Stock Forecast, Price & News

C$10.32

+0.13 (+1.28%)

(As of 10/4/2022 02:45 PM ET)

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Today's Range: C$10.25
▼
C$10.55
50-Day Range: C$8.07
▼
C$11.33
52-Week Range: C$8.07
▼
C$17.43

Volume: 262,164 shs
Average Volume: 329,765 shs
Market Capitalization: C$885.91 million

P/E Ratio: 4.94
Dividend Yield: N/A
Price Target: C$21.31

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.

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TXG Stock News Headlines

September 27, 2022 | finance.yahoo.com

Why The 23% Return On Capital At Torex Gold Resources (TSE:TXG) Should Have Your Attention

September 25, 2022 | americanbankingnews.com

Torex Gold Resources (TSE:TXG) Reaches New 52-Week Low at $8.52

September 23, 2022 | theglobeandmail.com

Insiders buy as investors ignore Torex Gold’s growth

September 7, 2022 | ca.finance.yahoo.com

ALERT: 3 Super Gold Stocks to Buy on the Dip

September 1, 2022 | finance.yahoo.com

Torex Gold Resources Inc.'s (TSE:TXG) recent 8.6% pullback adds to one-year year losses, institutional owners may take drastic measures

August 18, 2022 | finance.yahoo.com

Torex Gold Announces Increased and Extended Credit Facilities

August 18, 2022 | finance.yahoo.com

Torex Gold Announces Increased and Extended Credit Facilities

June 19, 2022 | seekingalpha.com

Torex Gold: Further Weakness Should Present A Buying Opportunity

May 25, 2022 | finance.yahoo.com

Torex Gold Releases 2021 Responsible Gold Mining Report

April 20, 2022 | finance.yahoo.com

Why The 26% Return On Capital At Torex Gold Resources (TSE:TXG) Should Have Your Attention

February 26, 2022 | finance.yahoo.com

Do Torex Gold Resources's (TSE:TXG) Earnings Warrant Your Attention?

February 24, 2022 | finance.yahoo.com

Torex Gold Reports Strong 2021 Financial Results

January 20, 2022 | finance.yahoo.com

Top Energy Transition Trends to Watch in 2022: S&P Global Platts Analytics

January 20, 2022 | finance.yahoo.com

SevenBridge Financial Group, LLC Buys iShares Core S&P 500 ETF, iShares 1-3 Year Credit ...

January 19, 2022 | finance.yahoo.com

Torex Gold Provides 2022 Guidance for El Limón Guajes

January 18, 2022 | finance.yahoo.com

IFM Investors Pty Ltd Buys Pfizer Inc, Salesforce. ...

January 11, 2022 | finance.yahoo.com

Torex Gold Delivers Record Annual Production in 2021

December 22, 2021 | finance.yahoo.com

Bullish Torex Gold Resources Inc. (TSE:TXG) insiders were rewarded last week as their US$787k investment inflated to US$788k

December 14, 2021 | finance.yahoo.com

Torex Gold Reports Results From the 2021 Drill Program at ELG Underground

December 1, 2021 | finance.yahoo.com

NV5 Selected to Join S&P SmallCap 600 Index

December 1, 2021 | finance.yahoo.com

S&P Global Announces Results of Early Participation in Exchange Offers and Consent Solicitations for IHS Markit Notes

November 30, 2021 | finance.yahoo.com

SiTime Corporation Joins the S&P MidCap 400 Index

November 19, 2021 | finance.yahoo.com

Torex Gold Resources Inc.'s (TSE:TXG) Stock Is Going Strong: Is the Market Following Fundamentals?

October 26, 2021 | ca.finance.yahoo.com

1 No-Brainer TSX Stock With 73% Upside According to Analysts

September 30, 2021 | finance.yahoo.com

SunPower Set to Join S&P MidCap 400

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TXG Company Calendar

Last Earnings: 8/03/2022
Today: 10/04/2022
Next Earnings (Estimated): 11/02/2022

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:TXG
CUSIP: N/A
CIK: N/A
Web: www.torexgold.com
Phone: +1-647-2601505
Fax: N/A
Employees: 852
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$21.31
High Stock Price Forecast: C$27.00
Low Stock Price Forecast: C$15.50
Forecasted Upside/Downside: +106.5%
Consensus Rating: Hold
Rating Score (0-4): 2.33
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 4.94
Forward P/E Ratio: 6.37
P/E Growth: 0.01
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: 0.36
Current Ratio: 3.17
Quick Ratio: 2.21

Sales & Book Value

Annual Sales: C$861.40 million
Price / Sales: 1.03
Cash Flow: C$4.14 per share
Price / Cash Flow: 2.50
Book Value: C$14.11 per share
Price / Book: 0.73

Miscellaneous

Outstanding Shares: 85,844,000
Free Float: N/A
Market Cap: C$885.91 million
Optionable: Not Optionable
Beta: N/A

Key Executives

Ms. Jody L. M. Kuzenko L.L.B. (Age 52)
CEO, Pres & Non-Independent Director
Comp: $1.91M

Mr. Andrew P. Snowden C.A.
CPA, Chief Financial Officer

Mr. Dave Stefanuto P.Eng.
Exec. VP of Technical Services & Capital Projects

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.

Ms. Angela Mary Robson
Sr. VP of HR, ESG & Communications

Mr. Eric Barry Murphy
VP of Engineering

Dr. Jonathan Gilligan Ph.D.
VP, Automated Mine Design

Mr. Faysal Rodriguez
Sr. VP of Mexico

Mr. Dany Vaiman
Corp. Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

TXG Stock - Frequently Asked Questions

Should I buy or sell Torex Gold Resources stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Torex Gold Resources in the last twelve months. There are currently 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities 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 2022?: 6 Wall Street analysts have issued 1 year price targets for Torex Gold Resources' stock. Their TXG share price forecasts range from C$15.50 to C$27.00. On average, they anticipate the company's share price to reach C$21.31 in the next twelve months. This suggests a possible upside of 106.3% 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 2022?: Torex Gold Resources' stock was trading at C$13.15 at the start of the year. Since then, TXG shares have decreased by 21.4% and is now trading at C$10.33.
View the best growth stocks for 2022 here.
When is Torex Gold Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our TXG earnings forecast.
How were Torex Gold Resources' earnings last quarter?: Torex Gold Resources Inc. (TSE:TXG) announced its quarterly earnings results on Wednesday, August, 3rd. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.65 by $0.19. The firm had revenue of $299.94 million for the quarter.

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).
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$10.33.
How much money does Torex Gold Resources make?: Torex Gold Resources (TSE:TXG) has a market capitalization of C$886.77 million and generates C$861.40 million in revenue each year.
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 10/4/2022 by MarketBeat.com Staff

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