AI Spotlight on TXG
Company Description
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 assets include the El Limón Guajes mining complex comprising the El Limón Guajes open pits, the El Limón Guajes underground mine, and the processing plant and related infrastructure, and the Media Luna deposit, which is an advanced stage development project.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.
Market Data
Last Price | 30.86 |
Change Percentage | -0.52% |
Open | 31.25 |
Previous Close | 31.02 |
Market Cap ( Millions) | 2654 |
Volume | 170134 |
Year High | 32.75 |
Year Low | 12.79 |
M A 50 | 28.94 |
M A 200 | 25.01 |
Financial Ratios
FCF Yield | -6.93% |
Dividend Yield | 0.00% |
ROE | 8.11% |
Debt / Equity | 8.09% |
Net Debt / EBIDTA | 2.24% |
Price To Book | 1.28 |
Price Earnings Ratio | 16.19 |
Price To FCF | -14.42 |
Price To sales | 1.66 |
EV / EBITDA | 3.26 |
News
- Jan -14 - Torex Gold Provides 2025 Operational Guidance and Updated Five-Year Production Outlook
- Jan -08 - Torex Gold Delivers on Full-Year Production Guidance
- Dec -17 - Torex Gold to Restart Operations and Project Activities at the Morelos Complex
- Dec -10 - Torex Gold Receives Notice of Temporary Suspension from the Ministry of Economy
- Dec -09 - Torex Gold Provides an Update on the Fatalities at ELG Underground
- Dec -05 - Torex Gold Reports Three Fatalities at the ELG Underground Mine
- Dec -03 - Torex Gold Keeps Outperform Rating, $39.75 Price Target at National Bank After Overnight Update; Shares Up More Than 5%
- Dec -02 - Torex Gold Reports Compelling New Results from the 2024 ELG Underground Drilling Program
- Nov -19 - Torex Gold Receives Approval for Normal Course Issuer Bid
- Nov -13 - Torex Gold Reports Results From The Ongoing 2024 EPO Exploration Program
- Nov -09 - Torex Gold Resources Inc (TORXF) Q3 2024 Earnings Call Highlights: Record Revenue and Increased ...
- Nov -08 - Torex Gold Resources Third Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags
- Nov -06 - Torex Gold Reports Q3 2024 Results
- Oct -30 - Torex Gold Provides Q3 2024 Update on Media Luna Project and Increases 2024 Production Guidance
- Oct -09 - Torex Gold Resources Inc (TORXF) Q2 2024 Earnings Call Highlights: Strong Gold Production and ...
- Oct -08 - Torex Gold Reports Q3 2024 Production Results
- Sep -23 - Torex Gold Welcomes the Addition of a New Director
- Sep -19 - Torex Gold Resources Inc.'s (TSE:TXG) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
- Sep -04 - Torex Gold Integrates EPO Deposit into Morelos Mine Plan
- Aug -29 - Torex Gold Reports a Contractor Fatality at the Morelos Complex
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Gold
Expected Growth : 7 %
What the company do ?
Torex Gold Resources Inc.'s gold is a valuable metal extracted from its Mexican mines, used in jewelry, coins, and electronics due to its durability and conductivity.
Why we expect these perspectives ?
Torex Gold Resources Inc.'s 7% growth driven by increasing gold prices, strong demand from central banks and jewelry industry, coupled with the company's efficient operations and cost management at its Morelos Complex in Mexico, as well as its exploration and development of new projects.
Segment n°2 -> Copper
Expected Growth : 9 %
What the company do ?
Copper from Torex Gold Resources Inc. refers to the copper by-product extracted from the Morelos Gold Project in Mexico, enhancing the project's economic viability.
Why we expect these perspectives ?
Torex Gold Resources Inc.'s copper segment growth is driven by increasing demand from electric vehicle manufacturers, renewable energy infrastructure, and construction industries. Additionally, supply constraints due to mine closures and declining ore grades contribute to the 9% growth rate. Furthermore, the company's focus on exploration and expansion of existing mines, as well as strategic acquisitions, support its growth momentum.
Segment n°3 -> Silver
Expected Growth : 6 %
What the company do ?
The Silver Stream is a significant by-product credit from Torex Gold Resources Inc.'s Morelos Gold Property in Mexico, enhancing the project's economics.
Why we expect these perspectives ?
Torex Gold Resources Inc.'s silver segment growth is driven by increasing gold prices, rising demand from industrial applications, and growing adoption in renewable energy technologies. Additionally, the company's focus on exploration and development of new mines, coupled with its efficient operations and cost management, contribute to its 6% growth rate.
Torex Gold Resources Inc. Products
Product Range | What is it ? |
---|---|
Gold | Torex Gold Resources Inc. is a Canadian-based gold producer that operates the El Limón Guajes Mine Complex in Mexico, which produces gold and silver. |
Silver | As a by-product of gold mining, Torex Gold Resources Inc. also produces silver, which is used in various industrial, medical, and consumer applications. |
Mining Services | Torex Gold Resources Inc. offers mining services, including exploration, development, and operation of mines, to help other companies in the mining industry. |
Exploration Services | The company provides exploration services, including geological surveys, sampling, and drilling, to help identify and develop new mineral deposits. |
Torex Gold Resources Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Torex Gold Resources Inc. is medium due to the availability of alternative metals and mining companies.
Bargaining Power Of Customers
The bargaining power of customers for Torex Gold Resources Inc. is low due to the company's strong market position and limited customer concentration.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Torex Gold Resources Inc. is medium due to the company's dependence on a few key suppliers for equipment and services.
Threat Of New Entrants
The threat of new entrants for Torex Gold Resources Inc. is high due to the relatively low barriers to entry in the gold mining industry.
Intensity Of Rivalry
The intensity of rivalry for Torex Gold Resources Inc. is high due to the competitive nature of the gold mining industry and the presence of several established players.
Capital Structure
Value | |
---|---|
Debt Weight | 2.10% |
Debt Cost | 3.95% |
Equity Weight | 97.90% |
Equity Cost | 10.57% |
WACC | 10.43% |
Leverage | 2.14% |
Torex Gold Resources Inc. : Quality Control
Torex Gold Resources Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
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IMG.TO | IAMGOLD Corporation, through its subsidiaries, explores, develops, and operates gold mining properties in North America, South America, and West Africa. The company owns interests in the Rosebel mine located in … |
IDR | Idaho Strategic Resources, Inc. engages in the exploring, developing, and extracting gold, silver, and base metal mineral resources in the Greater Coeur d'Alene Mining District of North Idaho and Western … |
SSL.TO | Sandstorm Gold Ltd. operates as a gold royalty company. The company focuses on acquiring royalties and gold and other metals purchase agreements (streams) from companies that have advanced stage development … |
CXB.TO | Calibre Mining Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties. It primarily explores for gold, silver, and copper deposits. The company holds 100% … |
CG.TO | Centerra Gold Inc., a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for … |