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TSE:TXG

Torex Gold Resources - TXG Stock Forecast, Price & News

C$22.33
+0.09 (+0.40%)
(As of 03/27/2023 05:17 PM ET)
Add
Compare
Today's Range
C$21.49
▼
C$22.36
50-Day Range
C$15.54
▼
C$22.30
52-Week Range
C$8.07
▼
C$22.75
Volume
255,524 shs
Average Volume
399,497 shs
Market Capitalization
C$1.92 billion
P/E Ratio
7.73
Dividend Yield
N/A
Price Target
C$21.78

Torex Gold Resources MarketRank™ Forecast

Analyst Rating
Hold
2.20 Rating Score
Upside/​Downside
2.5% Downside
C$21.78 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.31mentions 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.

1.61 out of 5 stars

See Top Rated MarketRank™ Stocks Here

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

March 23, 2023 | finanznachrichten.de
Torex Gold Resources Inc.: Torex Reports Encouraging Results From Drilling at EPO
March 23, 2023 | finance.yahoo.com
Torex Reports Encouraging Results From Drilling at EPO
March 27, 2023 | Weiss Ratings (Ad)
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March 13, 2023 | finance.yahoo.com
Here's Why Torex Gold Resources (TSE:TXG) Has Caught The Eye Of Investors
March 9, 2023 | finanznachrichten.de
Torex Gold Resources Inc.: Torex Gold Reports Results From Drilling at Media Luna
February 23, 2023 | finanznachrichten.de
Torex Gold Resources Inc.: Torex Gold Reports an Excellent Close to 2022
February 22, 2023 | finance.yahoo.com
Torex Gold Reports an Excellent Close to 2022
February 8, 2023 | finance.yahoo.com
Institutional investors in Torex Gold Resources Inc. (TSE:TXG) lost 6.3% last week but have reaped the benefits of longer-term growth
March 27, 2023 | Behind the Markets (Ad)
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December 8, 2022 | theglobeandmail.com
Director buys as Torex Gold heads to 6-month highs
December 5, 2022 | finance.yahoo.com
Torex Gold Reports Impressive Results From Ongoing Drilling at ELG Mine Complex
November 23, 2022 | finance.yahoo.com
Torex Gold Releases Inaugural Climate Change Report Including 2030 GHG Reduction Targets
November 10, 2022 | finanznachrichten.de
Torex Gold Resources Inc.: Torex Gold Reports Solid Q3 2022 Financial Results
November 9, 2022 | finance.yahoo.com
Torex Gold Reports Solid Q3 2022 Financial Results
November 7, 2022 | finance.yahoo.com
Bullish insiders at Torex Gold Resources Inc. (TSE:TXG) loaded up on US$890k of stock earlier this year
October 12, 2022 | ca.finance.yahoo.com
Stocks in play: Torex Gold Resources Inc
October 12, 2022 | finance.yahoo.com
Torex Gold Reports Another Solid Quarter of Operational Results
September 27, 2022 | finance.yahoo.com
Why The 23% Return On Capital At Torex Gold Resources (TSE:TXG) Should Have Your Attention
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?
See More Headlines
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TXG Company Calendar

Today
3/27/2023
Next Earnings (Estimated)
5/10/2023
Get Stock Alerts

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$21.78
High Stock Price Forecast
C$27.00
Low Stock Price Forecast
C$18.00
Forecasted Upside/Downside
-2.5%
Consensus Rating
Hold
Rating Score (0-4)
2.20
Research Coverage
5 Analysts

Profitability

EPS (Most Recent Fiscal Year)
C$2.89
Trailing P/E Ratio
7.73
Forward P/E Ratio
9.15
P/E Growth
0.02
Net Income
C$188.80 million
Net Margins
21.74%
Pretax Margin
N/A
Return on Equity
15.80%
Return on Assets
11.79%

Debt

Debt-to-Equity Ratio
0.30
Current Ratio
2.31
Quick Ratio
2.12

Sales & Book Value

Annual Sales
C$868.50 million
Price / Sales
2.21
Cash Flow
C$5.53 per share
Price / Cash Flow
4.04
Book Value
C$15.03 per share
Price / Book
1.49

Miscellaneous

Outstanding Shares
85,880,000
Free Float
N/A
Market Cap
C$1.92 billion
Optionable
Not Optionable
Beta
0.99

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

View All Insider Transactions













TXG Stock - Frequently Asked Questions

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

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Torex Gold Resources in the last twelve months. There are currently 4 hold ratings and 1 buy rating 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?

5 Wall Street research analysts have issued 12-month price objectives for Torex Gold Resources' stock. Their TXG share price forecasts range from C$18.00 to C$27.00. On average, they expect the company's stock price to reach C$21.78 in the next twelve months. This suggests that the stock has a possible downside of 2.5%.
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 2023. Since then, TXG shares have increased by 43.6% and is now trading at C$22.33.
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, May 10th 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 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$22.33.

How much money does Torex Gold Resources make?

Torex Gold Resources (TSE:TXG) has a market capitalization of C$1.92 billion and generates C$868.50 million in revenue each year. The company earns C$188.80 million in net income (profit) each year or C$2.89 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 3/27/2023 by MarketBeat.com Staff