TSE:TXG Torex Gold Resources (TXG) Stock Price, News & Analysis → It's time to ween off Chinese lithium! (From Smallcaps Daily) (Ad) Free TXG Stock Alerts C$21.03 -1.42 (-6.33%) (As of 06/7/2024 08:54 PM ET) Add Compare Share Share Today's RangeC$20.75▼C$21.6850-Day RangeC$18.99▼C$22.4552-Week RangeC$12.40▼C$22.56Volume357,820 shsAverage Volume273,505 shsMarket CapitalizationC$1.81 billionP/E Ratio7.54Dividend Yield5.67%Price TargetC$25.83 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider TradesStock AnalysisAnalyst ForecastsChartCompetitorsEarningsHeadlinesInsider Trades Get Torex Gold Resources alerts: Email Address Torex Gold Resources MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside22.8% UpsideC$25.83 Price TargetShort InterestN/ADividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.37Based on 9 Articles This WeekInsider TradingAcquiring SharesC$12,076 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.99 out of 5 stars 2.3 Analyst's Opinion Consensus RatingTorex Gold Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageTorex Gold Resources has only been the subject of 2 research reports in the past 90 days.Read more about Torex Gold Resources' stock forecast and price target. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for TXG. Previous Next 1.7 Dividend Strength Dividend LeadershipTorex 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 GrowthTorex Gold Resources does not have a long track record of dividend growth.Read more about Torex Gold Resources' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for TXG. Previous Next 2.4 News and Social Media Coverage News SentimentTorex Gold Resources has a news sentiment score of 0.37. 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 lower news sentiment than the 0.82 average news sentiment score of Basic Materials companies.News Coverage This WeekMarketBeat has tracked 9 news articles for Torex Gold Resources this week, compared to 1 article on an average week.Search Interest13 people have searched for TXG on MarketBeat in the last 30 days. This is an increase of 8% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Torex Gold Resources insiders have bought 11,185.98% more of their company's stock than they have sold. Specifically, they have bought C$12,076.00 in company stock and sold C$107.00 in company stock.Percentage Held by InsidersOnly 0.22% of the stock of Torex Gold Resources is held by insiders.Percentage Held by Institutions66.12% 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.Read more about Torex Gold Resources' insider trading history. Previous Next 2.5 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Torex Gold Resources is 7.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.76.Price to Earnings Ratio vs. SectorThe P/E ratio of Torex Gold Resources is 7.54, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 126.37.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 1.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Torex Gold Resources' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Smallcaps DailyIt's time to ween off Chinese lithium!As the lithium rush continues, this small-cap NASDAQ-traded company may be one of the brightest and most promising companies to be watching closelyLearn how this American company is leading the lithium-ion revolution About Torex Gold Resources Stock (TSE:TXG)Torex Gold Resources Inc. operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City. 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 TXG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart TXG Stock News HeadlinesMay 18, 2024 | insidertrades.comTorex Gold Resources Inc. (TSE:TXG) Director Rodrigo Sandoval Navarro Buys 751 SharesJune 8 at 6:26 AM | americanbankingnews.comTorex Gold Resources (TSE:TXG) Upgraded by Raymond James to "Moderate Buy"June 8 at 5:42 AM | americanbankingnews.comTorex Gold Resources (TSE:TXG) Given a C$27.00 Price Target at Raymond JamesJune 7 at 1:26 AM | americanbankingnews.comTorex Gold Resources Inc. (TSE:TXG) Receives C$25.69 Consensus Target Price from AnalystsMay 31, 2024 | americanbankingnews.comTorex Gold Resources (TSE:TXG) Share Price Passes Above 200-Day Moving Average of $16.47May 8, 2024 | juniorminingnetwork.comTorex Gold Resources Reports Q1 2024 ResultsApril 29, 2024 | ca.news.yahoo.comRecord high gold prices have people selling their jewelry and coinsApril 10, 2024 | juniorminingnetwork.comTorex Gold Resources Reports Q1 2024 Production ResultsApril 7, 2024 | theglobeandmail.comThese stocks are driving TSX returnsApril 4, 2024 | finance.yahoo.comIs Torex Gold Resources Inc.'s (TSE:TXG) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?March 27, 2024 | finanznachrichten.deTOREX GOLD RESOURCES INCMarch 11, 2024 | ca.finance.yahoo.comSprott Physical Gold Trust (PHYS-U.TO)March 4, 2024 | msn.comCanada shares lower at close of trade; S&P/TSX Composite down 0.10%March 2, 2024 | seekingalpha.comTorex Gold: Another Solid YearFebruary 23, 2024 | finance.yahoo.comTorex Gold Resources Full Year 2023 Earnings: EPS: US$2.38 (vs US$2.20 in FY 2022)February 22, 2024 | msn.comTorex Gold Resources Non-GAAP EPS of $0.57, revenue of $282.4M beats by $4.13MFebruary 7, 2024 | juniorminingnetwork.comTorex Gold Resources Provides Q4 2023 Update on Media Luna ProjectFebruary 7, 2024 | finance.yahoo.comTorex Gold Provides Q4 2023 Update on Media Luna ProjectFebruary 5, 2024 | theglobeandmail.comNorman Rothery: Portfolios for value and dividend investorsJanuary 16, 2024 | juniorminingnetwork.comTorex Gold Resources Provides 2024 Operational Guidance and Updated Five-year Production OutlookJanuary 7, 2024 | morningstar.comTorex Gold Resources Inc TXGDecember 25, 2023 | finance.yahoo.comGreat week for Torex Gold Resources Inc. (TSE:TXG) institutional investors after losing 0.7% over the previous yearDecember 22, 2023 | markets.businessinsider.comCanadian Market Up Firmly In Positive Territory; Materials Shares RiseNovember 30, 2023 | finance.yahoo.comTorex Gold Reports Results from 2023 Exploration Drilling Program at Media Luna WestNovember 15, 2023 | msn.comTorex Gold Resources reports Q3 resultsSee More Headlines 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 Company Calendar Last Earnings5/08/2024Today6/10/2024Next Earnings (Estimated)8/07/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeTSE SectorBasic Materials Industry Gold Sub-IndustryN/A Current SymbolTSE:TXG CUSIPN/A CIKN/A Webwww.torexgold.com Phone+1-647-2601505FaxN/AEmployees852Year FoundedN/APrice Target and Rating Average Stock Price TargetC$25.83 High Stock Price TargetC$30.00 Low Stock Price TargetC$22.00 Potential Upside/Downside+22.8%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)C$2.79 Trailing P/E Ratio7.54 Forward P/E Ratio8.12 P/E Growth0.02Net IncomeC$179.30 million Net Margins20.14% Pretax MarginN/A Return on Equity12.37% Return on Assets7.53% Debt Debt-to-Equity Ratio2.86 Current Ratio1.07 Quick Ratio2.12 Sales & Book Value Annual SalesC$890.30 million Price / Sales2.03 Cash FlowC$5.21 per share Price / Cash Flow4.04 Book ValueC$17.90 per share Price / Book1.17Miscellaneous Outstanding Shares85,980,000Free FloatN/AMarket CapC$1.81 billion OptionableNot Optionable Beta1.33 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for June 2024. Learn which stocks have the most short interest and how to trade them. Click the link below to see which companies made the list.Get This Free Report Key ExecutivesMs. Jody L. M. Kuzenko L.L.B. (Age 53)CEO, President & Non-Independent Director Comp: $1.8MMr. Andrew P. Snowden C.A.CPA, Chief Financial OfficerMr. Dave Stefanuto P.Eng.Executive Vice President of Technical Services & Capital ProjectsMs. Angela Mary RobsonSenior Vice President of Human Resources, ESG & CommunicationsMr. Faysal RodriguezSenior Vice President of MexicoMr. Daniel James Thomas Rollins C.F.A.Senior Vice President of Corporate Development & Investor RelationsMs. Mary Delores Batoff L.L.B.General Counsel & Corporate SecretaryMore ExecutivesKey CompetitorsWest Fraser Timber Co. Ltd. (WFT.TO)TSE:WFTB2GoldTSE:BTOLundin GoldTSE:LUGEldorado GoldTSE:ELDOsisko Gold RoyaltiesTSE:ORView All CompetitorsInsidersRodrigo Sandoval NavarroBought 751 shares on 5/17/2024Total: C$12,076.08 ($16.08/share)David StefanutoSold 6 sharesTotal: C$106.74 ($17.79/share)Rodrigo Sandoval NavarroBought 740 shares on 2/29/2024Total: C$7,656.56 ($10.35/share)Rodrigo Sandoval NavarroBought 5,000 shares on 2/26/2024Total: C$49,843.00 ($9.97/share)Rodrigo Sandoval NavarroBought 1,975 shares on 1/22/2024Total: C$20,578.91 ($10.42/share)View All Insider Transactions TXG Stock Analysis - Frequently Asked Questions Should I buy or sell Torex Gold Resources stock right now? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Torex Gold Resources in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" TXG shares. View TXG analyst ratings or view top-rated stocks. What is Torex Gold Resources' stock price target for 2024? 6 brokerages have issued 12-month target prices for Torex Gold Resources' shares. Their TXG share price targets range from C$22.00 to C$30.00. On average, they anticipate the company's stock price to reach C$25.83 in the next year. This suggests a possible upside of 22.8% 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 2024? Torex Gold Resources' stock was trading at C$14.62 on January 1st, 2024. Since then, TXG shares have increased by 43.8% and is now trading at C$21.03. View the best growth stocks for 2024 here. When is Torex Gold Resources' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024. View our TXG earnings forecast. How were Torex Gold Resources' earnings last quarter? Torex Gold Resources Inc. (TSE:TXG) released its quarterly earnings results on Wednesday, May, 8th. The company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.52 by $0.05. The business had revenue of $318.84 million for the quarter. Torex Gold Resources had a net margin of 20.14% and a trailing twelve-month return on equity of 12.37%. 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). 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. 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