TXG : Torex Gold Resources Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Torex Gold Resources Inc trades with the ticker TXG on the TSX and is in the Gold industry.

Overview
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 asset is the Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure. 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.
 

Looking to invest in Torex Gold Resources Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

TXG.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $1524.211MM

PE Ratio: 5.629

Price: 40.34 (Updated: 3/12/2024 0:47:16)



Torex Gold Resources Inc (TXG) vs Competitors in Gold

Lets see how TXG.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:

Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc

.

Gold Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Barrick Gold Corporation (ABX) $37,376.086 21.948 7.456 2.6%
Agnico Eagle Mines Limited (AEM) $37,307.372 14.049 9.752 2.9%
Alamos Gold Inc (AGI) $7,157.749 25.408 14.058 0.8%
Galiano Gold Inc (AKG) $353.306 N/A 0.0 0.0%
Alio Gold Inc (ALO) $168.547 N/A 0.0 0.0%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Gold

  • Torex Gold Resources Inc (TXG) vs Barrick Gold Corporation (ABX)
    • TXG has higher EPS (3.15 vs 0.97). ABX provides dividends, while TXG does not. ABX has a higher P/E ratio (21.948 vs 5.629) indicating it’s more expensive.
  • Torex Gold Resources Inc (TXG) vs Agnico Eagle Mines Limited (AEM)
    • AEM has higher EPS (5.34 vs 3.15). AEM provides dividends, while TXG does not. AEM has a higher P/E ratio (14.049 vs 5.629) indicating it’s more expensive.
  • Torex Gold Resources Inc (TXG) vs Alamos Gold Inc (AGI)
    • TXG has higher EPS (3.15 vs 0.71). AGI provides dividends, while TXG does not. AGI has a higher P/E ratio (25.408 vs 5.629) indicating it’s more expensive.
  • Torex Gold Resources Inc (TXG) vs Galiano Gold Inc (AKG)
    • TXG has higher EPS (3.15 vs -0.003). AKG provides dividends, while TXG does not. AKG has a P/E under 0, indicating TXG (P/E 5.629) is in a better position.
  • Torex Gold Resources Inc (TXG) vs Alio Gold Inc (ALO)
    • TXG has higher EPS (3.15 vs -0.274). ALO provides dividends, while TXG does not. ALO has a P/E under 0, indicating TXG (P/E 5.629) is in a better position.

Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (5.63) than the industry average (14.17), indicating potential undervaluation.
 

How to Buy TXG stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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