Torex Gold Resources (TXG) Stock Price, News & Analysis

Company Overview

Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project, which is at an advanced stage of exploration.

Key Stats

• Today's Range: C$59.68 to C$64.00
• 50-Day Range: C$39.03 to C$62.31
• 52-Week Range: C$25.52 to C$64.00
• Volume: 715,482 shs
• Average Volume: 351,676 shs
• Market Capitalization: C$5.37 billion
• P/E Ratio: 25.64
• Dividend Yield: 5.67%
• Price Target: C$62.10
• Consensus Rating: Buy

Torex Gold Resources Stock Analysis - MarketRank™

Torex Gold Resources scored higher than 55% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Buy

Consensus Rating

Torex Gold Resources has received a consensus rating of Buy. The company's average rating score is 3.29, and is based on 5 buy ratings, no hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Torex Gold Resources is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Torex Gold Resources has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Torex Gold Resources is 25.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 224.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of Torex Gold Resources is 25.64, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 152.27.

Price to Earnings Growth Ratio

Torex 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 Ratio

Torex Gold Resources has a P/B Ratio of 3.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for TXG.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Leadership

Torex Gold Resources is a leading dividend payer. It pays a dividend yield of 5.67%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Torex Gold Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for TXG.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.48

News Sentiment

Torex Gold Resources has a news sentiment score of 0.48. 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 news sentiment score is similar to the average news sentiment of Basic Materials companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Torex Gold Resources this week, compared to 3 articles on an average week.

Search Interest

11 people have searched for TXG on MarketBeat in the last 30 days. This is an increase of 10% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Torex Gold Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.35% of the stock of Torex Gold Resources is held by insiders.

Percentage Held by Institutions

67.51% 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.

TXG Stock Analysis - Frequently Asked Questions

How have TXG shares performed this year?

Torex Gold Resources' stock was trading at C$28.32 at the start of the year. Since then, TXG stock has increased by 120.0% and is now trading at C$62.31.

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.

What other stocks do shareholders of Torex Gold Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Torex Gold Resources investors own include Wheaton Precious Metals (WPM), Ivanhoe Mines (IVN), Kirkland Lake Gold (KL), Tamarack Valley Energy (TVE), B2Gold (BTO) and Kinross Gold (K).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: Measuring And Control Equipment
• Current Symbol: TSE:TXG
• CIK: N/A
• Web: www.torexgold.com
• Phone: +1-647-2601505
• Fax: N/A
• Employees: 1,240
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Torex Gold Resources: C$62.10
• High Price Target: C$77.00
• Low Price Target: C$50.00
• Potential Upside/Downside: -0.3%
• Consensus Rating: Buy
• Rating Score (0-4): 3.29
• Research Coverage: 7 Analysts

Profitability

• EPS (Trailing Twelve Months): C$2.43
• Trailing P/E Ratio: 25.64
• Forward P/E Ratio: 17.19
• P/E Growth: 0.02
• Net Income: C$79.53 million
• Net Margins: 11.30%
• Pretax Margin: N/A
• Return on Equity: 8.11%
• Return on Assets: 7.29%

Debt

• Debt-to-Equity Ratio: 8.09
• Current Ratio: 1.00
• Quick Ratio: 2.12

Sales & Book Value

• Annual Sales: C$1.03 billion
• Price / Sales: 5.20
• Cash Flow: C$15.43 per share
• Price / Cash Flow: 4.04
• Book Value: C$16.53 per share
• Price / Book: 3.77

Miscellaneous

• Outstanding Shares: 86,208,000
• Free Float: N/A
• Market Cap: C$5.37 billion
• Optionable: Not Optionable
• Beta: 0.87