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Torex Gold Resources Inc. (TXG.TO)

CAD53.93 -1.06 (-1.93%)
CA TSX Basic Materials Gold
Address Exchange Tower M5X 2A2
Toronto, ON, CA
CEO Jody L. Kuzenko
IPO 2010-04-20
ISIN CA8910546032

Explore sections of this company profile

Also trades on London Stock Exchange · 0VL5.L (CAD) Other OTC · TORXF (USD) Toronto Stock Exchange · TXG.TO (CAD)
Description

Torex Gold Resources Inc., an intermediate-tier gold producer, conducts its mining operations predominantly in Mexico. The company's core asset is its 100% owned Morelos Gold property, a substantial 29,000-hectare concession located southwest of Mexico City. This property hosts the integrated El Limón Guajes (ELG) mining complex, featuring both open-pit and underground extraction methods, complemented by a processing plant and supporting infrastructure. Also part of its portfolio is the Media Luna deposit, an advanced-stage development project. In addition to gold, Torex Gold also engages in the extraction of silver, copper, and certain carbon-bearing materials. Established in 1980, the company changed its name from Gleichen Resources Ltd. to Torex Gold Resources Inc. in April 2010 and maintains its headquarters in Toronto, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD53.93 -1.06 (-1.93%)
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Volume Profile
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Liquidity & share structure
Average Volume
539.9K
Beta
1.41
Float Shares
94.89M
Free Float %
99.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.56% +7.75% +2.71% +15.63% +4.45% +5.22% +68.65% +246.36% +331.81% +241.39% +510.27%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Hold
Price Targets & DCF
Current price
53.93
DCF (Unlevered) 10.31 -80.9%
DCF (Levered) 1.80 -96.7%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-05 Change
Strong Buy 5 0
Buy 6 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
7.94
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
A-
Overall Score
4 / 5
High
DCF Score
3 / 5
Medium
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Gold: +36.5%
    +19.1% Q1'26: +217.2% (vs Q1'25)
  • EPS growth Gold: +64.9%
    +196.8% Q1'26: +380.0% (vs Q1'25)
  • FCF margin FCF growth · Gold: +77.7%
    +27.5% Q1'26: +29.9% (vs Q1'25)
  • EBIT margin Gold: +25.8%
    +40.6% Q1'26: +54.2% (vs Q1'25)
  • ROIC Gold: +11.0%
    +17.1% Q1'26: +32.6% (vs Q1'25)
  • Share dilution Gold: -3.9%
    +2.6% Q1'26: +9.9% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Gold: -0.09×
    0.28× Q1'26: 0.07× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.43) × ERP
WACC = 95% × Ke + 5% × Kd (12.6%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 10.26 Current price: 53.93
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
4 Rev. Ana.
5 EPS Ana.
Dec 2027
3 Rev. Ana.
5 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Dec 2030
1 Rev. Ana.
1 EPS Ana.
Revenue
312.51M
est: 418.61M (-25.3%)
314.90M
est: 418.13M (-24.7%)
442.90M
est: 594.86M (-25.5%)
640.80M
est: 828.14M (-22.6%)
789.20M
est: 1.00B (-21.2%)
855.80M
est: 1.08B (-20.6%)
868.50M
est: 1.16B (-25.1%)
882.60M
est: 694.34M (+27.1%)
1.12B
est: 1.09B (+2.3%)
1.33B
est: 1.30B (+2.2%)
2.15B
1.93B – 2.58B
+65.3% YoY
2.21B
2.01B – 2.57B
+2.8% YoY
2.00B
1.81B – 2.36B
-9.5% YoY
2.10B
1.90B – 2.48B
+5.1% YoY
2.36B
2.13B – 2.79B
+12.1% YoY
EBITDA
118.30M
est: 222.30M (-46.8%)
111.90M
est: 222.04M (-49.6%)
189.90M
est: 315.89M (-39.9%)
332.40M
est: 439.76M (-24.4%)
432.00M
est: 531.68M (-18.7%)
500.10M
est: 572.06M (-12.6%)
481.50M
est: 615.70M (-21.8%)
421.40M
est: 367.25M (+14.7%)
548.30M
est: 576.86M (-5.0%)
713.17M
est: 687.50M (+3.7%)
1.14B
1.02B – 1.36B
+65.3% YoY
1.17B
1.07B – 1.36B
+2.8% YoY
1.06B
958.26M – 1.25B
-9.5% YoY
1.11B
1.01B – 1.31B
+5.1% YoY
1.25B
1.13B – 1.47B
+12.1% YoY
EBIT
59.60M
est: 125.39M (-52.5%)
27.30M
est: 125.24M (-78.2%)
81.90M
est: 178.18M (-54.0%)
135.80M
est: 248.05M (-45.3%)
207.10M
est: 299.90M (-30.9%)
300.30M
est: 322.67M (-6.9%)
278.50M
est: 347.29M (-19.8%)
217.40M
est: 227.90M (-4.6%)
354.00M
est: 357.97M (-1.1%)
539.18M
est: 426.63M (+26.4%)
705.03M
633.96M – 846.63M
+65.3% YoY
725.08M
661.24M – 844.67M
+2.8% YoY
656.45M
594.65M – 776.02M
-9.5% YoY
689.69M
624.75M – 815.31M
+5.1% YoY
773.46M
700.64M – 914.35M
+12.1% YoY
Net Income
3.20M
est: 56.56M (-94.3%)
-12.60M
est: -1.80M (-600.1%)
23.20M
est: 34.86M (-33.4%)
71.20M
est: 56.49M (+26.0%)
109.00M
est: 117.74M (-7.4%)
151.70M
est: 182.57M (-16.9%)
188.80M
est: 169.10M (+11.6%)
204.40M
est: 77.46M (+163.9%)
134.60M
est: 222.82M (-39.6%)
410.46M
est: 343.03M (+19.7%)
596.23M
546.32M – 794.36M
+73.8% YoY
626.59M
562.01M – 833.24M
+5.1% YoY
675.20M
560.50M – 789.90M
+7.8% YoY
587.29M
515.40M – 726.35M
-13.0% YoY
630.14M
553.02M – 779.35M
+7.3% YoY
SGA
19.10M
est: 15.94M (+19.8%)
25.60M
est: 15.92M (+60.8%)
27.30M
est: 22.65M (+20.5%)
23.80M
est: 31.54M (-24.5%)
25.40M
est: 38.13M (-33.4%)
27.60M
est: 41.02M (-32.7%)
32.70M
est: 44.15M (-25.9%)
31.50M
est: 29.32M (+7.4%)
58.70M
est: 46.06M (+27.5%)
70.31M
est: 54.89M (+28.1%)
90.71M
81.56M – 108.93M
+65.3% YoY
93.29M
85.07M – 108.67M
+2.8% YoY
84.46M
76.51M – 99.84M
-9.5% YoY
88.73M
80.38M – 104.90M
+5.1% YoY
99.51M
90.14M – 117.64M
+12.1% YoY
EPS
0.04
est: 0.65 (-93.9%)
-0.16
est: -0.02 (-672.4%)
0.27
est: 0.40 (-32.7%)
0.84
est: 0.65 (+29.2%)
1.27
est: 1.36 (-6.3%)
1.77
est: 2.10 (-15.8%)
2.20
est: 1.95 (+13.0%)
2.38
est: 0.90 (+164.0%)
1.57
est: 2.36 (-33.6%)
4.66
est: 3.64 (+28.0%)
7.34
6.13 – 8.91
+101.6% YoY
7.88
6.31 – 9.35
+7.5% YoY
7.17
6.29 – 8.86
-9.1% YoY
6.59
5.78 – 8.15
-8.0% YoY
7.07
6.20 – 8.74
+7.3% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-05-06 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-05-05 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-05-04 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-05-01 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-04-30 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-04-29 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-04-28 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-04-27 A- 4/5 3/5 5/5 5/5 2/5 3/5 3/5
2026-04-24 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-04-23 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-04-22 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-04-21 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-04-20 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-04-17 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5
2026-04-16 A- 4/5 3/5 5/5 5/5 1/5 3/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.26B
OE per share TTM
13.39
Owner's Yield
20.26%
Maintenance CapEx ratio
215.07%
Maint CapEx / Avg PPE
134.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
4
Total invested
465.5K
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2025 Q4
Investors holding
4
+1 vs prev Q
New positions
1
Closed positions
0
Increased
1
Reduced
2
Put/Call ratio
0.00
Calls held
Puts held
Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 96 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 UBS Solactive Global Pure Gold Miners UCITS ETF USD dis UBUD.DE 2.69% 10.32M 0.43%
2 Themes Gold Miners ETF AUMI 2.67% 588.1K 0.35%
3 Sprott Gold Miners ETF SGDM 2.47% 13.70M 0.46%
4 BMO Junior Gold Index ETF ZJG.TO 2.34% 2.78M 0.61%
5 Global X - Gold Explorers ETF GOEX 2.26% 2.42M 0.65%
6 BMO Equal Weight Global Gold Index ETF ZGD.TO 1.92% 3.81M 0.60%
7 Sprott Active Gold & Silver Miners ETF GBUG 1.41% 2.00M 0.90%
8 iShares MSCI Global Gold Miners ETF RING 1.07% 24.54M 0.39%
9 VanEck Junior Gold Miners UCITS ETF GDXJ.L 0.93% 9.54M 0.55%
10 VanEck Junior Gold Miners ETF GDXJ 0.92% 65.70M 0.52%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
610.6K
Shares Outstanding
95.42M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Jody L. Kuzenko Chief Executive Officer, President & Non-Independent Director 2M female
Andrew Snowden Chief Financial Officer 911.1K male
David Stefanuto Executive Vice President of Technical Services & Capital Projects 786.6K male
Angela Mary Robson Senior Vice President of Human Resources, ESG & Communications 722.7K female
Faysal Rodriguez Senior Vice President of Mexico 652.0K male
Daniel James Thomas Rollins Senior Vice President of Corporate Development & Investor Relations male
Alex Hemmingsen Principal Engineer of Mine Design
Adam Joseph Segal General Counsel & Corporate Secretary male
Esteban Urqueta Jacobs Director of Exploration Discovery
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits