How to buy Torex Gold stock in Canada

Learn how to buy Torex Gold stock in 6 easy steps.

Torex Gold is a gold business based in Canada. Torex Gold shares (TXG) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$28.20 – an increase of 3.98% over the previous week.

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How to buy Torex Gold stock

  1. Choose a stock trading platform. Compare investment platforms.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – TXG. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Note: The dollar amounts in the table below are in Canadian dollars.

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Torex Gold stock price (Toronto Stock Exchange (TSX): TXG)

Use our graph to track the performance of TXG stocks over time.

Torex Gold stocks at a glance

Information last updated 2024-12-18.
Latest market closeC$28.20
52-week rangeC$12.79 - C$32.75
50-day moving average C$29.30
200-day moving average C$23.61
Wall St. target priceC$36.77
PE ratio 14.2402
Dividend yield N/A
Earnings per share (TTM) C$2.04

Is it a good time to buy Torex Gold stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Torex Gold price performance over time

Historical closes compared with the close of C$28.2 from 2024-12-20

1 week (2024-12-13) 3.98%
1 month (2024-11-22) -9.24%
3 months (2024-09-20) 10.20%
6 months (2024-06-21) 32.08%
1 year (2023-12-22) 79.62%
2 years (2022-12-22) 76.03%
3 years (2021-12-22) 112.99%
5 years (2019-12-20) 51.45%

Is Torex Gold stock undervalued or overvalued?

Valuing Torex Gold stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Torex Gold's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Torex Gold's P/E ratio

Torex Gold's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 14x. In other words, Torex Gold shares trade at around 14x recent earnings.

Torex Gold's PEG ratio

Torex Gold's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.12. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Torex Gold's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Torex Gold's EBITDA

Torex Gold's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$498.6 million.

The EBITDA is a measure of a Torex Gold's overall financial performance and is widely used to measure a its profitability.

Torex Gold financials

Revenue TTM C$1.1 billion
Operating margin TTM 35.13%
Gross profit TTM C$505.2 million
Return on assets TTM 9.48%
Return on equity TTM 8.27%
Profit margin 11.3%
Book value C$18.26
Market Capitalization C$2.5 billion
EBITDA C$498.6 million

TTM: trailing 12 months

Torex Gold stock dividends

We're not expecting Torex Gold to pay a dividend over the next 12 months.

Have Torex Gold's stocks ever split?

Torex Gold's stocks were split on a 1:10 basis on 4 July 2016 . So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Torex Gold stocks – just the quantity. However, indirectly, the new 900% higher stock price could have impacted the market appetite for Torex Gold stocks, which in turn could have impacted Torex Gold's stock price.

Torex Gold stock price volatility

Over the last 12 months, Torex Gold's stocks have ranged in value from as little as C$12.79 up to C$32.75. A popular way to gauge a stock's volatility is its "beta."

TXG.TO volatility(beta: 1.37)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Torex Gold's is 1.37. This would suggest that Torex Gold's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Torex Gold overview

Torex Gold Resources Inc. operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City. 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.

Frequently asked questions

What percentage of Torex Gold is owned by insiders or institutions?
Currently 0.35% of Torex Gold stocks are held by insiders and 67.78% by institutions.
When does the fiscal year end for Torex Gold?
Torex Gold's fiscal year ends in December.
Where is Torex Gold based?
Torex Gold's address is: Exchange Tower, Toronto, ON, Canada, M5X 2A2
What is Torex Gold's ISIN number?
Torex Gold's international securities identification number is: CA8910546032
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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