Torex Gold Resources Stock Performance
| TXG Stock | CAD 28.63 0.09 0.32% |
On a scale of 0 to 100, Torex Gold holds a performance score of 5. The entity has a beta of -0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Torex Gold are expected to decrease at a much lower rate. During the bear market, Torex Gold is likely to outperform the market. Please check Torex Gold's expected short fall, and the relationship between the value at risk and daily balance of power , to make a quick decision on whether Torex Gold's existing price patterns will revert.
Risk-Adjusted Performance
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Modest
Compared to the overall equity markets, risk-adjusted returns on investments in Torex Gold Resources are ranked lower than 5 (%) of all global equities and portfolios over the last 90 days. In spite of very unfluctuating technical and fundamental indicators, Torex Gold may actually be approaching a critical reversion point that can send shares even higher in December 2024. ...more
Last Split Factor 1:10 | Last Split Date 2016-07-05 |
1 | Torex Gold Resources Price Target Increased to C32.00 by Analysts at Royal Bank of Canada - MarketBeat | 09/04/2024 |
2 | Torex Gold Firing On All Cylinders - Seeking Alpha | 10/10/2024 |
3 | Torex Gold Launches Major Share Buyback TSX Approves 7.1M Share Repurchase Plan TORXF Stock News - StockTitan | 11/19/2024 |
| Begin Period Cash Flow | 376 M |
Torex |
Torex Gold Relative Risk vs. Return Landscape
If you would invest 2,599 in Torex Gold Resources on August 29, 2024 and sell it today you would earn a total of 264.00 from holding Torex Gold Resources or generate 10.16% return on investment over 90 days. Torex Gold Resources is generating 0.1967% of daily returns assuming 2.8754% volatility of returns over the 90 days investment horizon. Simply put, 25% of all stocks have less volatile historical return distribution than Torex Gold, and 97% of all equity instruments are likely to generate higher returns than the company over the next 90 trading days. Expected Return |
| Risk |
Torex Gold Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Torex Gold's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Torex Gold Resources, and traders can use it to determine the average amount a Torex Gold's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0684
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Estimated Market Risk
| 2.88 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.2 actual daily | 3 97% of assets have higher returns |
Risk-Adjusted Return
| 0.07 actual daily | 5 95% of assets perform better |
Based on monthly moving average Torex Gold is performing at about 5% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Torex Gold by adding it to a well-diversified portfolio.
Torex Gold Fundamentals Growth
Torex Stock prices reflect investors' perceptions of the future prospects and financial health of Torex Gold, and Torex Gold fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Torex Stock performance.
| Return On Equity | 0.0827 | ||||
| Return On Asset | 0.0948 | ||||
| Profit Margin | 0.11 % | ||||
| Operating Margin | 0.35 % | ||||
| Current Valuation | 2.69 B | ||||
| Shares Outstanding | 85.99 M | ||||
| Price To Earning | 35.38 X | ||||
| Price To Book | 1.22 X | ||||
| Price To Sales | 2.23 X | ||||
| Revenue | 882.6 M | ||||
| Gross Profit | 505.2 M | ||||
| EBITDA | 456.9 M | ||||
| Net Income | 204.4 M | ||||
| Cash And Equivalents | 376 M | ||||
| Cash Per Share | 2.76 X | ||||
| Total Debt | 32 M | ||||
| Debt To Equity | 0.18 % | ||||
| Current Ratio | 1.95 X | ||||
| Book Value Per Share | 18.26 X | ||||
| Cash Flow From Operations | 300.8 M | ||||
| Earnings Per Share | 2.00 X | ||||
| Market Capitalization | 2.45 B | ||||
| Total Asset | 1.84 B | ||||
| Retained Earnings | 495.4 M | ||||
| Working Capital | 123.8 M | ||||
| Current Asset | 107.05 M | ||||
| Current Liabilities | 50.39 M | ||||
About Torex Gold Performance
By examining Torex Gold's fundamental ratios, stakeholders can obtain critical insights into Torex Gold's financial health, operational efficiency, and overall profitability. These insights assist in making well-informed investment and management decisions. For example, a high Return on Assets and Return on Equity would indicate that Torex Gold is effectively utilizing its assets and equity to generate significant profits, enhancing its appeal to investors. On the other hand, low ROA and ROE values could reveal issues in asset and equity management, highlighting the need for operational improvements.
| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 116.10 | 70.74 | |
| Return On Tangible Assets | 0.11 | 0.12 | |
| Return On Capital Employed | 0.29 | 0.31 | |
| Return On Assets | 0.11 | 0.12 | |
| Return On Equity | 0.14 | 0.13 |
Things to note about Torex Gold Resources performance evaluation
Checking the ongoing alerts about Torex Gold for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Torex Gold Resources help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| About 68.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Torex Gold Launches Major Share Buyback TSX Approves 7.1M Share Repurchase Plan TORXF Stock News - StockTitan |
- Analyzing Torex Gold's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Torex Gold's stock is overvalued or undervalued compared to its peers.
- Examining Torex Gold's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Torex Gold's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Torex Gold's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Torex Gold's stock. These opinions can provide insight into Torex Gold's potential for growth and whether the stock is currently undervalued or overvalued.
Other Information on Investing in Torex Stock
Torex Gold financial ratios help investors to determine whether Torex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Torex with respect to the benefits of owning Torex Gold security.