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How to buy Torex Gold stock in Canada

Learn how to buy Torex Gold stock in 5 easy steps.

Torex Gold

TO: TXG - CAD

C$22.24

- C$0.06 ( - 0.27%)

GOLD

Buy Torex Gold Stocks

Torex Gold is a gold business based in Canada. Torex Gold stocks (TXG.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$22.3 – an increase of 9.5% over the previous week. Torex Gold employs 0 staff and has a trailing 12-month revenue of around C$854 million.

How to buy Torex Gold stock

Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
Open an account. Provide your personal information and sign up.
Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
Search for the stock name – TXG. Search for the stock by name or ticker symbol.
Buy the stock. Place your order. It's that simple.

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What's in this guide?

Can I buy shares in Torex Gold?
Has coronavirus impacted Torex Gold shares?
Torex Gold shares summary
Compare share dealing platforms
Is Torex Gold stock a buy or sell?
Torex Gold performance over time
Are Torex Gold shares over-valued?
Torex Gold's financials
How volatile are Torex Gold shares?
Does Torex Gold pay a dividend?
Have Torex Gold shares ever split?
Other common questions

Torex Gold stock price (TO:TXG)

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

Torex Gold shares at a glance

Key figures

Information last updated 2023-01-02.

Latest market close	C$22.24
52-week range	C$8.07 - C$17.43
50-day moving average	C$12.43
200-day moving average	C$11.91
Wall St. target price	C$20.00
PE ratio	6.617
Dividend yield	C$0 (0%)
Earnings per share (TTM)	C$2.35

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

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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.

Torex Gold price performance over time

Historical closes compared with the close of C$22.24 from 2023-03-24

1 week (2023-03-17)	9.50%
1 month (2023-02-24)	40.32%
3 months (2022-12-23)	40.67%
6 months (2022-09-26)	169.90%

1 year (2022-03-25)	35.61%
2 years (2021-03-26)	36.27%
3 years (2020-03-26)	45.55%
5 years (2018-03-26)	145.20%

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 7x. In other words, Torex Gold shares trade at around 7x 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 shares offer better value, while a higher ratio can be interpreted as meaning the shares 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 share prices of multiple high-growth companies.

Torex Gold's EBITDA

Torex Gold's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$489.4 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$854 million
Operating margin TTM	34.61%
Gross profit TTM	C$524.8 million
Return on assets TTM	13.13%
Return on equity TTM	13.05%
Profit margin	18%
Book value	C$14.63
Market capitalisation	C$1.3 billion

TTM: trailing 12 months

Torex Gold share dividends

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

Have Torex Gold's shares ever split?

Torex Gold's shares were split on a 1:10 basis on 5 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 shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for Torex Gold shares which in turn could have impacted Torex Gold's share price.

Torex Gold share price volatility

Over the last 12 months, Torex Gold's shares have ranged in value from as little as C$8.07 up to C$17.43. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Torex Gold's is 1.1059. This would suggest that Torex Gold's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly 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 that covers an area of 29,000 hectares located southwest of Mexico City. The company's principal assets include the El Limón Guajes mining complex comprising the El Limón Guajes open pits, the El Limón Guajes underground mine, and the processing plant and related infrastructure, and the Media Luna deposit, which is an advanced stage development project. 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.

Torex Gold in the news

Torex Reports Encouraging Results From Drilling at EPO

Here's Why Torex Gold Resources (TSE:TXG) Has Caught The Eye Of Investors

Frequently asked questions

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.

How to buy Torex Gold stock in Canada