TSE:TXG Torex Gold Resources (TXG) Stock Forecast, Price & News C$20.01 +0.50 (+2.56%) (As of 05/26/2023 08:49 PM ET) Add Compare Share Share Today's RangeC$19.61▼C$20.2050-Day RangeC$19.49▼C$25.2752-Week RangeC$8.07▼C$25.40Volume408,866 shsAverage Volume370,324 shsMarket CapitalizationC$1.72 billionP/E Ratio5.85Dividend YieldN/APrice TargetC$23.31 ProfileProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsInsider TradesHeadlinesSocial Media Torex Gold Resources MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside16.5% UpsideC$23.31 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment0.84Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.92 out of 5 stars 2.0 Analyst's Opinion Consensus RatingTorex 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, 2 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of C$23.31, Torex Gold Resources has a forecasted upside of 16.5% from its current price of C$20.01.Amount of Analyst CoverageTorex Gold Resources has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TXG. Previous Next 0.0 Dividend Strength Dividend YieldTorex Gold Resources does not currently pay a dividend.Dividend GrowthTorex Gold Resources does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TXG. Previous Next 2.7 News and Social Media Coverage News SentimentTorex Gold Resources has a news sentiment score of 0.84. 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 0.31 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Torex Gold Resources this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for TXG on MarketBeat in the last 30 days. This is a decrease of -67% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Torex Gold Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Torex Gold Resources insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.18% of the stock of Torex Gold Resources is held by insiders.Percentage Held by Institutions77.66% 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. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Torex Gold Resources is 5.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.74.Price to Earnings Ratio vs. SectorThe P/E ratio of Torex Gold Resources is 5.85, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 88.12.Price to Earnings Growth RatioTorex Gold Resources has a PEG Ratio of 0.02. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioTorex Gold Resources has a P/B Ratio of 1.26. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here 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 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 Stock News HeadlinesMay 25, 2023 | finance.yahoo.comTorex Gold Releases 2022 Responsible Gold Mining ReportMay 24, 2023 | seekingalpha.comTXG:CA Torex Gold Resources Inc.May 29, 2023 | UNKNOWN (Ad)Lithium Has Boomed And This American Stock Is Ready..Lithium Has Been On A Crazy Rally Over The Last 3 Year's And This Stock Could Be Next!May 19, 2023 | americanbankingnews.comTorex Gold Resources (TSE:TXG) Given New C$25.50 Price Target at National BanksharesMay 17, 2023 | americanbankingnews.comFY2023 EPS Estimates for Torex Gold Resources Inc. Lifted by National Bank Financial (TSE:TXG)May 12, 2023 | theglobeandmail.comClosing Bell: Torex Gold Resources Inc down on Thursday (TXG)May 9, 2023 | americanbankingnews.comBrokers Issue Forecasts for Torex Gold Resources Inc.'s Q2 2023 Earnings (TSE:TXG)May 7, 2023 | americanbankingnews.comTorex Gold Resources Inc. to Post Q1 2023 Earnings of $0.48 Per Share, Cormark Forecasts (TSE:TXG)May 29, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.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 22, 2023 | americanbankingnews.comTorex Gold Resources Inc. to Post Q1 2023 Earnings of $0.66 Per Share, National Bank Financial Forecasts (TSE:TXG)April 21, 2023 | theglobeandmail.comClosing Bell: Torex Gold Resources Inc down on Friday (TXG)April 20, 2023 | americanbankingnews.comNational Bankshares Increases Torex Gold Resources (TSE:TXG) Price Target to C$26.00April 18, 2023 | americanbankingnews.comTorex Gold Resources Inc. Expected to Post Q1 2023 Earnings of $0.47 Per Share (TSE: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 2023April 7, 2023 | americanbankingnews.comTorex Gold Resources (TSE:TXG) Hits New 1-Year High at $23.20April 2, 2023 | americanbankingnews.comCormark Raises Torex Gold Resources (TSE:TXG) Price Target to C$25.00April 1, 2023 | americanbankingnews.comTorex Gold Resources (TSE:TXG) PT Raised to C$25.00 at CormarkMarch 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 View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Today5/28/2023Next Earnings (Estimated)8/02/2023Get 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$23.31 High Stock Price ForecastC$27.00 Low Stock Price ForecastC$19.00 Forecasted Upside/Downside+16.5%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)C$3.42 Trailing P/E Ratio5.85 Forward P/E Ratio9.15 P/E Growth0.02Net IncomeC$217 million Net Margins24.39% Pretax MarginN/A Return on Equity17.36% Return on Assets11.55% Debt Debt-to-Equity Ratio0.26 Current Ratio2.54 Quick Ratio2.12 Sales & Book Value Annual SalesC$889.60 million Price / Sales1.93 Cash FlowC$4.96 per share Price / Cash Flow4.04 Book ValueC$15.82 per share Price / Book1.26Miscellaneous Outstanding Shares85,890,000Free FloatN/AMarket CapC$1.72 billion OptionableNot Optionable Beta0.88 Key ExecutivesMs. Jody L. M. Kuzenko L.L.B. (Age 52)CEO, Pres & Non-Independent Director Comp: $1.91MMr. Andrew P. Snowden C.A.CPA, Chief Financial OfficerMr. Dave Stefanuto P.Eng.Exec. VP of Technical Services & Capital ProjectsMr. 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.Ms. Angela Mary RobsonSr. VP of HR, ESG & CommunicationsMr. Eric Barry MurphyVP of EngineeringDr. Jonathan Gilligan Ph.D.VP, Automated Mine DesignMr. Faysal RodriguezSr. VP of MexicoMr. Dany VaimanCorp. ControllerMore ExecutivesKey CompetitorsDundee Precious MetalsTSE:DPMOrla MiningTSE:OLAIAMGOLDTSE:IMGCenterra GoldTSE:CGEquinox GoldTSE:EQXView All CompetitorsInsidersRosalie C. MooreBought 4,000 shares on 6/30/2022Total: C$43,080.00 ($10.77/share)View All Insider Transactions TXG Stock - Frequently Asked Questions Should I buy or sell Torex Gold Resources stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Torex Gold Resources in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street 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? 2 Wall Street analysts have issued twelve-month price objectives for Torex Gold Resources' stock. Their TXG share price forecasts range from C$19.00 to C$27.00. On average, they predict the company's stock price to reach C$23.31 in the next year. This suggests a possible upside of 16.5% 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 at the beginning of the year. Since then, TXG shares have increased by 28.7% and is now trading at C$20.01. 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, August 2nd 2023. View our TXG earnings forecast. 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$20.01. How much money does Torex Gold Resources make? Torex Gold Resources (TSE:TXG) has a market capitalization of C$1.72 billion and generates C$889.60 million in revenue each year. The company earns C$217 million in net income (profit) each year or C$3.42 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 5/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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