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Torex Gold Resources
(TSX:TXG)
Torex Gold Resources (TXG) vs. iShares MSCI Canada ETF (EWC)
Torex Gold Resources Business Overview & Revenue Model
Torex Gold Resources Earnings Call Summary
Torex Gold Resources Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.03B | 1.12B | 882.60M | 868.50M | 855.80M | 789.20M |
| Gross Profit | 462.30M | 468.20M | 282.50M | 303.90M | 326.50M | 257.20M |
| EBITDA | 483.80M | 542.70M | 432.80M | 488.10M | 460.20M | 399.30M |
| Net Income | 211.80M | 134.60M | 204.40M | 188.80M | 151.70M | 109.00M |
Balance Sheet | ||||||
| Total Assets | 2.35B | 2.14B | 1.84B | 1.59B | 1.36B | 1.25B |
| Cash, Cash Equivalents and Short-Term Investments | 103.00M | 110.20M | 172.80M | 376.00M | 255.70M | 206.20M |
| Total Debt | 326.10M | 141.20M | 32.00M | 3.90M | 3.30M | 43.40M |
| Total Liabilities | 590.80M | 508.90M | 340.70M | 303.20M | 258.50M | 306.30M |
| Stockholders Equity | 1.76B | 1.63B | 1.50B | 1.29B | 1.10B | 946.10M |
Cash Flow | ||||||
| Free Cash Flow | -173.10M | -112.20M | -178.70M | 130.50M | 99.50M | 199.70M |
| Operating Cash Flow | 330.20M | 449.50M | 300.80M | 408.10M | 330.00M | 342.10M |
| Investing Cash Flow | -483.90M | -562.70M | -498.30M | -280.50M | -203.70M | -177.60M |
| Financing Cash Flow | 150.20M | 53.60M | -7.90M | -7.70M | -44.90M | -150.00M |
Torex Gold Resources Technical Analysis
Torex Gold Resources Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | ¥183.51B | 11.39 | 5.69% | 3.04% | 2.62% | -12.22% | |
69 Neutral | $3.57B | 12.45 | 12.84% | ― | 11.46% | 105.47% | |
| ― | $3.45B | 22.33 | 5.20% | 0.76% | ― | ― | |
| ― | $3.86B | 10.39 | 19.95% | 0.53% | ― | ― | |
82 Outperform | C$3.99B | 12.16 | 20.48% | 0.87% | 19.55% | 36.19% | |
57 Neutral | C$4.69B | 147.35 | 4.89% | ― | 123.03% | ― | |
| ― | $6.04B | 10.94 | -0.54% | ― | ― | ― |
Torex Gold Resources Corporate Events
Torex Gold Resources reported strong operational momentum in Q2 2025, with the declaration of commercial production at Media Luna and a return to positive free cash flow. The company anticipates improved production and reduced costs for the remainder of the year, aiming to meet its annual production and cost guidance. Torex is also expanding its portfolio with acquisitions in Mexico and Nevada, setting the stage for future growth.
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 its acquisition of Prime Mining Corp., which will result in Torex owning the Los Reyes gold-silver project in Mexico. This transaction is expected to significantly enhance Torex’s growth potential by diversifying its asset base and increasing its gold and silver resources. The acquisition offers substantial exploration opportunities and is anticipated to leverage Torex’s existing expertise in Mexico, providing value creation for shareholders.
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 reported promising drilling results from its ongoing exploration program in the northern extension of the EPO deposit. The results indicate a strong potential for resource expansion, with significant high-grade intercepts that could enhance the company’s production profile at the Morelos Complex beyond 2035. The drilling success supports Torex’s strategic goal of increasing resources and upgrading them from Inferred to Indicated categories, potentially opening new mining fronts and extending the life of the mine.
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 Q2 2025 production results, achieving 82,856 ounces of gold equivalent production and selling 76,922 ounces. The company is on track to meet the lower end of its annual production guidance. Following the declaration of commercial production at Media Luna, Torex has returned to positive free cash flow and anticipates continued operational momentum with improved production and cost efficiency in the latter half of the year. The company is also advancing its development projects and expects to announce a return of capital policy soon, which is likely to excite shareholders.
The most recent analyst rating on (TSE:TXG) stock is a Buy with a C$39.75 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 its acquisition of Reyna Silver Corp. for approximately US$26 million, granting Torex access to promising exploration properties in Mexico and Nevada. This strategic move aligns with Torex’s goal to become a diversified precious metals producer in the Americas, leveraging its expertise to advance Reyna Silver’s projects and potentially unlock significant value.
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. held its 2025 annual and special meeting of shareholders, where all director nominees were elected, KPMG LLP was re-appointed as auditor, and resolutions regarding share units and executive compensation were approved. These decisions reflect the company’s ongoing commitment to strategic growth and operational optimization, potentially enhancing its market position and shareholder value.
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 released its 2024 Responsible Gold Mining Report, highlighting its commitment to responsible mining practices. The report underscores Torex’s adherence to international standards, such as the World Gold Council’s Responsible Gold Mining Principles, and its significant investment in community development in Mexico. Despite facing tragic incidents in 2024, Torex remains focused on enhancing safety and maintaining its reputation as a leader in the industry. The report also details Torex’s environmental achievements, including high recycling rates and zero environmental incidents, and showcases its efforts in community engagement and local procurement.
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. 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.