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66,000% upside on tiny biotech? (Ad)
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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
66,000% upside on tiny biotech? (Ad)
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
PwC Australia sidelines 9 directors as leak of tax information investigated
66,000% upside on tiny biotech? (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
66,000% upside on tiny biotech? (Ad)
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
66,000% upside on tiny biotech? (Ad)
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
PwC Australia sidelines 9 directors as leak of tax information investigated
66,000% upside on tiny biotech? (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
66,000% upside on tiny biotech? (Ad)
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
EgyptAir flight from Cairo blows tire during landing in Saudi Arabia
66,000% upside on tiny biotech? (Ad)
Stock market today: Asian markets mostly higher after Biden-McCarthy deal on US debt
PwC Australia sidelines 9 directors as leak of tax information investigated
66,000% upside on tiny biotech? (Ad)
Text released of 99-page bill to raise debt limit, curb spending; lawmakers to review as House eyes Wednesday vote
Takeaways on debt ceiling: McCarthy's balancing act, Biden's choice and the challenges ahead
66,000% upside on tiny biotech? (Ad)
Debt ceiling agreement gets thumbs up from business groups, jeers from some on political right
Sleepless in Kyiv: Nighttime Russian air campaign terrorizes citizens in Ukrainian capital
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)
Compare
Today's Range
C$19.61
C$20.20
50-Day Range
C$19.49
C$25.27
52-Week Range
C$8.07
C$25.40
Volume
408,866 shs
Average Volume
370,324 shs
Market Capitalization
C$1.72 billion
P/E Ratio
5.85
Dividend Yield
N/A
Price Target
C$23.31

Torex Gold Resources MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
16.5% Upside
C$23.31 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.84mentions of Torex Gold Resources in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

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


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.

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TXG Stock News Headlines

TXG:CA Torex Gold Resources Inc.
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!
15 A.I. Trading Opportunities a Day
Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.
Closing Bell: Torex Gold Resources Inc up on Monday (TXG)
Torex Gold Reports Strong Start to 2023
Torex Gold Resources (TSE:TXG) Hits New 1-Year High at $23.20
Torex Reports Encouraging Results From Drilling at EPO
See More Headlines
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TXG Company Calendar

Today
5/28/2023
Next Earnings (Estimated)
8/02/2023

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$23.31
High Stock Price Forecast
C$27.00
Low Stock Price Forecast
C$19.00
Forecasted Upside/Downside
+16.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
C$217 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
C$889.60 million
Cash Flow
C$4.96 per share
Book Value
C$15.82 per share

Miscellaneous

Free Float
N/A
Market Cap
C$1.72 billion
Optionable
Not Optionable
Beta
0.88

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













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

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