Torex Gold Resources Stock Today
| TXG Stock | CAD 31.07 0.10 0.32% |
Performance8 of 100
| Odds Of DistressLess than 3
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Torex Gold is selling at 31.07 as of the 24th of November 2024; that is 0.32 percent decrease since the beginning of the trading day. The stock's open price was 31.17. Torex Gold has a very small chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Torex Gold Resources are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Materials | Category Basic Materials |
Torex Gold Resources Inc. engages in the exploration, development, and operation of mineral properties in Mexico. Torex Gold Resources Inc. was founded in 1980 and is headquartered in Toronto, Canada. TOREX GOLD operates under Gold classification in Canada and is traded on Toronto Stock Exchange.. The company has 85.99 M outstanding shares of which 1.14 M shares are at this time shorted by private and institutional investors with about 4.4 days to cover all short positions. More on Torex Gold Resources
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Moving against Torex Stock
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Torex Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Torex Gold's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Torex Gold or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President CEO | Jody LLB | ||||
| Business Concentration | Metals & Mining, Materials, Basic Materials, Materials, Metals & Mining, Gold, Basic Materials (View all Sectors) | ||||
Torex Gold's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Torex Gold's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | |||||
Debt LevelsTorex Gold can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Torex Gold's financial leverage. It provides some insight into what part of Torex Gold's total assets is financed by creditors.
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Torex Gold Resources (TXG) is traded on Toronto Exchange in Canada and employs 34 people. Torex Gold is listed under Metals & Mining category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.67 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Torex Gold's market, we take the total number of its shares issued and multiply it by Torex Gold's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Torex Gold Resources operates under Metals & Mining sector and is part of Materials industry. The entity has 85.99 M outstanding shares of which 1.14 M shares are at this time shorted by private and institutional investors with about 4.4 days to cover all short positions.
Torex Gold Resources has accumulated about 376 M in cash with 300.8 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.76.
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Ownership AllocationTorex Gold Resources shows a total of 85.99 Million outstanding shares. Over half of Torex Gold's outstanding shares are owned by institutional holders. These institutional holders are typically referred to as corporate investors that take positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Torex Gold Resources. Please watch out for any change in the institutional holdings of Torex Gold as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Torex Gold Resources Risk Profiles
Although Torex Gold's alpha and beta are two of the key measurements used to evaluate Torex Gold's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.92 | |||
| Semi Deviation | 2.13 | |||
| Standard Deviation | 2.64 | |||
| Variance | 6.95 |
Torex Stock Against Markets
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Torex Gold Corporate Directors
| David Fennell | Independent Director | Profile | |
| Franklin Davis | Independent Director | Profile | |
| Andrew Adams | Independent Director | Profile | |
| Elizabeth Wademan | Independent Director | Profile |
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.