Torex Gold Resources Inc.

Torex Gold Resources Inc.

67.98
CAD
-6.06
(-8.18%)
8.71EPS
6.41P/E
5.23BMarket Cap
Nov 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
- -
- -
3.95
3.95
5.25
7.52
9.23
9.98
10.12
10.28
12.97
14.83
18.08
Basic EPS, GAAP
-1.1
-0.36
-0.31
0.04
-0.16
0.27
0.84
1.27
1.77
2.2
2.38
1.57
4.58
6.2
Free Cash Flow per Basic Share
-2.92
-3.86
-4.47
0.02
-0.36
1.22
2.28
2.34
1.16
1.53
-2.06
-1.21
1.55
4.46
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.12
0.23
Book Value per Share
8.77
8.82
8.53
8.59
8.51
8.95
9.78
11.06
12.83
15.03
17.41
18.97
25.36
27.83
Tangible Book Value per Share
8.77
8.82
8.53
8.59
8.51
8.95
9.78
11.06
12.83
15.03
17.41
18.97
25.36
27.83
Basic Weighted Avg Shares
61
73
79
79
80
84
85
86
86
86
86
86
88
92
Sales/Revenue/Turnover
- -
- -
- -
313
315
443
641
789
856
869
883
1,116
1,306
1,665
Operating Margin (%)
- -
- -
- -
32.16
4.54
17.2
21.29
29.26
34.8
31.05
28.26
36.5
40.59
44.66
Depreciation Expense
1
1
1
59
85
108
196
224
199
202
202
192
169
189
Net Income, GAAP
-67
-26
-25
3
-13
23
71
109
152
189
204
135
403
571
Effective Tax Rate (%)
- -
- -
- -
87.6
- -
61.59
39.66
37.75
41.9
34.1
11.28
61.62
20.59
22.79
Profit Margin (%)
- -
- -
- -
1.02
-4
5.24
11.11
13.81
17.73
21.74
23.16
12.07
30.9
34.3
Working Capital
193
84
57
125
33
42
97
167
260
319
124
18
65
134
LT Debt
- -
44
369
401
329
251
93
41
1
1
8
112
97
74
Total Equity
532
693
670
684
679
760
835
946
1,100
1,290
1,495
1,631
2,427
2,577
Return on Invested Capital (%)
- -
- -
- -
1.16
- -
2.68
7.52
13.4
13.3
13.8
14.67
8.86
18.11
23.82
Return on Capital (%)
- -
- -
- -
0.55
- -
2.2
6.83
10.92
14.52
15.75
14.49
8.16
18.89
24.68
Return on Common Equity (%)
-11.6
-4.29
-3.61
0.47
-1.85
3.22
8.93
12.24
14.83
15.8
14.68
8.61
19.88
26.88

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
37
24
25
LT Borrowings
28
- -
- -
LT Finance Leases
69
77
74
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
96
94
93
Market Capitalization
4,570
4,304
3,683

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
471
457
485
Cash, Cash Equivalents & STI
120
130
169
Accounts Receivable, Net
73
52
38
Inventories
191
183
190
Total Current Liabilities
407
333
352
Payables & Accruals
327
309
326
ST Debt
37
24
25
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
14.37%
21.46%
48.79%
Free Cash Flow
-347.84%
-105.25%
-230.9%
Net Income, GAAP
-39.35%
47.49%
199.7%
Sales/Revenue/Turnover
- -
10.99%
17.04%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
237
270
314
295
1,116
2025
170
254
- -
465
1,306
2026
539
407
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.5
0.02
0.34
0.7
1.57
2025
0.45
0.97
- -
1.78
4.58
2026
2.18
1.22
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.12
2026
0.11
0.12
- -
- -
- -

Company Description

CEO
Andrew Snowden
Full Time Employees
883
Sector
Non-energy minerals
Industry
Precious metals
Address
Exchange Tower Toronto ON Canada M5X 2A2
IPO Date
Jan 12, 1984
Business
Torex Gold Resources Inc. (TSX: TXG) is a Canadian intermediate gold producer engaged in the mining, development, and exploration of gold, silver, and copper deposits primarily through its wholly owned Morelos Property, comprising approximately 29,000 hectares in Mexico's Guerrero Gold Belt located 180 kilometres southwest of Mexico City; the Morelos Complex includes the ELG Open Pit and Underground mines, Media Luna underground mine, EPO project, processing plant, and related infrastructure. The company produces gold doré and copper concentrate from these operations, serving precious metals markets with consistent output exceeding 450,000 gold equivalent ounces annually, while also pursuing exploration to expand resources at Media Luna, ELG Underground, EPO, and regional targets. Founded in 1980 and headquartered in Toronto, Ontario, Torex operates as Mexico's largest gold producer with a workforce predominantly from local Guerrero State communities and maintains a strategy for geographic diversification across the Americas. In 2025, the company achieved first production from the Media Luna mine, including initial copper concentrate output in the first quarter and subsequent commercial production declaration; it completed the acquisition of Reyna Silver for early-stage projects in Mexico and Nevada, such as Batopilas and Guigui; and acquired Prime Mining in a C$449 million all-share deal, adding the Los Reyes gold-silver project in Sinaloa with significant indicated resources of 1.5 million ounces gold and 54 million ounces silver, thereby boosting total measured and indicated gold resources by 32% to 6.2 million ounces. A feasibility study for the EPO deposit advances toward first production in late 2026, leveraging Media Luna infrastructure at a projected capital cost of $82.5 million to extend Morelos mine life beyond 2035.

Company News

  • Torex Gold Welcomes Lee Hodgkinson to Its Board of Directors

  • Torex Gold Reports Q3 2026 Production Results

  • Torex Gold Provides Q3 2026 Morelos Drilling & Exploration Update

  • Torex Gold: A Cash Flow Machine At $4000+ Gold

  • Torex Gold Resources Q2 Earnings Call Highlights

  • Torex Gold Reports Q2 2026 Results

  • Torex Gold Provides Q2 2026 Morelos Drilling & Exploration Update

  • Torex Gold Releases Results of Los Reyes Preliminary Economic Assessment

  • Torex Gold Reports Q2 2026 Production Results

  • Torex Gold Announces Results of Its 2026 Meeting of Shareholders

  • Torex Gold: From Capex-Heavy To Free Cash Powerhouse

  • Torex Gold Restarts Drilling at Los Reyes Project

  • Torex Gold Releases 2025 Responsible Gold Mining Report

  • Torex Gold Announces Appointment of Chief Financial Officer

  • Torex Gold Resources Inc. (TXG:CA) Q1 2026 Earnings Call Transcript

  • Torex Gold Reports Q1 2026 Results

  • Torex Gold Reports Enhanced Return of Capital Program

  • Torex Gold Provides Q1 2026 Morelos Drilling & Exploration Update

  • Torex Gold Reports Q1 2026 Production Results

  • Torex Gold Welcomes Jacques Perron to Its Board of Directors