Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
1.05B | 1.12B | 882.60M | 868.50M | 855.80M | 789.20M | Gross Profit |
465.00M | 468.20M | 282.50M | 303.90M | 326.50M | 257.20M | EBIT |
441.50M | 407.20M | 249.40M | 276.50M | 297.80M | 218.10M | EBITDA |
511.30M | 542.70M | 432.80M | 488.10M | 460.20M | 399.30M | Net Income Common Stockholders |
130.50M | 134.60M | 204.40M | 188.80M | 151.70M | 109.00M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
172.80M | 110.20M | 172.80M | 376.00M | 255.70M | 206.20M | Total Assets |
1.84B | 2.14B | 1.84B | 1.59B | 1.36B | 1.25B | Total Debt |
32.00M | 141.20M | 32.00M | 3.90M | 3.30M | 43.40M | Net Debt |
-140.80M | 31.00M | -140.80M | -372.10M | -252.40M | -130.70M | Total Liabilities |
340.70M | 508.90M | 340.70M | 303.20M | 258.50M | 306.30M | Stockholders Equity |
1.50B | 1.63B | 1.50B | 1.29B | 1.10B | 946.10M |
Cash Flow | Free Cash Flow | ||||
-199.10M | -112.20M | -178.70M | 130.50M | 99.50M | 199.70M | Operating Cash Flow |
359.80M | 449.50M | 300.80M | 408.10M | 330.00M | 342.10M | Investing Cash Flow |
-542.00M | -562.70M | -498.30M | -280.50M | -203.70M | -177.60M | Financing Cash Flow |
178.70M | 53.60M | -7.90M | -7.70M | -44.90M | -150.00M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
81 Outperform | $4.63B | 11.40 | 16.21% | 0.62% | 35.81% | 693.32% | |
79 Outperform | C$3.58B | 12.06 | 19.71% | 1.06% | 10.57% | 24.23% | |
76 Outperform | C$4.94B | 40.45 | -0.28% | ― | 72.95% | 97.10% | |
73 Outperform | $4.33B | 11.26 | 8.27% | ― | 60.05% | ― | |
70 Outperform | $3.86B | 21.05 | 8.12% | ― | 20.97% | -24.55% | |
69 Neutral | $3.54B | 31.02 | 2.71% | 0.76% | -16.65% | ― | |
51 Neutral | $2.04B | -1.15 | -21.37% | 3.64% | 2.88% | -30.57% |
Torex Gold Resources Inc. announced an amendment to its restricted share unit plan, which will be presented to shareholders at the upcoming annual meeting. The amendment, prompted by feedback from a proxy advisory firm, aims to restrict the board’s ability to amend the plan’s amendment section, addressing concerns about potential future changes in Toronto Stock Exchange rules. This move reflects Torex’s commitment to corporate governance and shareholder engagement.
The most recent analyst rating on (TSE:TXG) stock is a Buy with a C$37.75 price target. To see the full list of analyst forecasts on Torex Gold Resources stock, see the TSE:TXG Stock Forecast page.
Torex Gold Resources Inc. has announced promising results from its 2024 and initial 2025 drilling programs at the ELG Underground, indicating high-grade mineralization and the potential for extending the mine’s life. The company aims to sustain production levels above 450,000 gold equivalent ounces annually beyond 2030 by expanding resources and replacing mined reserves. The exploration efforts, which include a significant increase in drilling activity and budget, are focused on identifying new zones of mineralization and enhancing the understanding of geological trends, which could have positive implications for Torex’s operational longevity and market positioning.
The most recent analyst rating on (TSE:TXG) stock is a Buy with a C$37.75 price target. To see the full list of analyst forecasts on Torex Gold Resources stock, see the TSE:TXG Stock Forecast page.
Torex Gold Resources reported its Q1 2025 financial and operational results, highlighting the successful completion of key milestones such as the tie-ins at the processing plant and the commencement of commercial production at the Media Luna project. Despite a planned four-week shutdown, production levels met expectations, and the company anticipates increased production in the coming quarters. The first quarter saw high cash outflows due to tax and royalty payments and final capital spending on Media Luna, resulting in a $130 million credit facility draw. However, Torex expects to quickly repay this debt as production ramps up amid high gold prices, aiming to return to positive free cash flow and maintain its annual guidance.
Torex Gold Resources Inc. has announced the achievement of commercial production at its Media Luna mine, marking its transition to a dual gold and copper producer. This milestone was reached with strong operational performance and financial management, allowing the project to be funded almost entirely through cash generated from existing operations. The company is now focused on ramping up the underground mine to its design capacity, with expectations of positive cash flow generation by mid-2025, enhancing its growth prospects in Mexico and beyond.
Torex Gold Resources reported its Q1 2025 production results, achieving significant milestones such as completing processing plant tie-ins and producing its first copper concentrate. The company produced 59,630 ounces of gold equivalent and is on track to meet its annual production guidance of 400,000 to 450,000 ounces. The successful commissioning of the Guajes Tunnel conveyor and progress in the Media Luna Underground project are expected to enhance production rates, with a forecasted improvement in Q2 and a return to positive free cash flow later in the year.
Torex Gold Resources has reported its year-end 2024 mineral reserves and resources for the Morelos Complex, highlighting a solidified annual production of at least 450,000 gold equivalent ounces through 2030, with a reserve life extending to at least 2035. The company plans to enhance its production profile beyond 2030 through extensive drilling and exploration, particularly focusing on the EPO Underground deposit, which saw a significant increase in inferred resources. This strategic focus on extending reserve life and optimizing production underscores Torex’s commitment to maintaining its competitive position in the mining industry.