Torex Gold Resources Inc.

TXG

CA8910546032

Gold

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
19.91 ^CAD	+0.76%		-2.31%	+36.18%

Apr. 12	Torex Gold Resources Maintained at Outperform at BMO After Q1 Production Results; Price Target Kept at C$24.00	MT
Apr. 11	National Bank of Canada Says Torex Gold's First-Quarter Production Meets Forecast	MT

Torex Gold Resources Inc. Reports Earnings Results for the Full Year Ended December 31, 2023

February 21, 2024 at 06:09 pm EST

Torex Gold Resources Inc. reported earnings results for the full year ended December 31, 2023. For the full year, the company reported net income was USD 204.4 million compared to USD 188.8 million a year ago. Basic earnings per share from continuing operations was USD 2.38 compared to USD 2.2 a year ago.

Diluted earnings per share from continuing operations was USD 2.34 compared to USD 2.19 a year ago.

Latest news about Torex Gold Resources Inc.

Torex Gold Resources Maintained at Outperform at BMO After Q1 Production Results; Price Target Kept at C$24.00	Apr. 12	MT
National Bank of Canada Says Torex Gold's First-Quarter Production Meets Forecast	Apr. 11	MT
Torex Gold Resources Inc. Announces Production Results for the First Quarter 2024	Apr. 10	CI
Torex Gold Resources Inc. Reaffirms Production Guidance Full Year 2024	Apr. 10	CI
National Bank of Canada Neutral On Torex's Updated Resource Estimate	Mar. 27	MT
Torex Gold Resources Inc Reports Year-End 2023 Mineral Reserves and Resources for the Morelos Complex	Mar. 26	CI
TSX falls as caution looms ahead of US data, BoC decision; miners gain	Mar. 04	RE
Torex Gold Resources Inc. Provides an Update on the Ongoing Drilling Program at ELG Underground	Feb. 26	CI
Torex Gold Brief: On Impact, National Said It Flagged TXG as a Conviction Pick In Its Q4 Preview and Overall Bank Ascribes a "Positive Bias" with CFPS Beating Street by a "Sizeable Delta", Also Noting TCC and AISC "Sharply" Lower QoQ	Feb. 22	MT
Torex Gold Brief: National Bank Maintaining Sector Perform and $18.50 target After Q4 "Operational Muscles Flex, Cash Flow Buoyant"	Feb. 22	MT
Transcript : Torex Gold Resources Inc., Q4 2023 Earnings Call, Feb 22, 2024	Feb. 22
Torex Gold Resources Inc. Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 21	CI
North American Morning Briefing : Stock Futures -2-	Feb. 21	DJ
Torex Gold Resources Maintained at Outperform at BMO Following Q4 Production, 2024 Guidance; Price Target Kept at C$23.00	Jan. 18	MT
Torex Gold Details 2024 Operational Guidance, Updated Production Outlook; National Bank Says Guidance Aligned With Forecast	Jan. 17	MT
Torex Gold Details 2024 Operational Guidance, Updated Production Outlook	Jan. 17	MT
Torex Gold Resources Inc. Provides Production Guidance for the Year of 2024	Jan. 16	CI
National Bank of Canada Says Torex Gold's Q4 2023 Production Below Forecast	Jan. 10	MT
Torex Gold Resources Inc. Reports Production Results for the Fourth Quarter and Full Year 2023	Jan. 09	CI
TSX closes in the red as lower oil prices hurt energy stocks	Dec. 28	RE
Torex Gold Reports Breakthrough of Guajes Tunnel Three Months Ahead of Schedule; Gained 3.6% on Friday	Dec. 22	MT
Torex Gold Brief: Reporting Breakthrough of Guajes Tunnel Three Months Ahead of Schedule	Dec. 22	MT
Torex Gold Resources Coverage Reinstated With an Outperform Rating at BMO; Price Target Set at C$21.50	Dec. 01	MT
National Bank of Canada Notes Torex Gold's Latest Drill Results From Media Luna West	Dec. 01	MT
Torex Gold Resources Inc. Reports Results from 2023 Exploration Drilling Program at Media Luna West	Nov. 30	CI

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Company Profile

Torex Gold Resources Inc. is a Canada-based intermediate gold producing company, which is engaged in exploration, development, and operation of its Morelos Gold Property. The Morelos Gold property covers an area of approximately 29,000 hectares in the prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Companyâs principal assets are the El Limon Guajes mining complex (ELG or the ELG Mine Complex), comprising the El Limon, Guajes and El Limon Sur open pits. The Company also hosts the Media Luna deposit, which is an advanced stage development project located approximately seven kilometers from ELG. The Companyâs El Limon Guajes underground mine includes Sub-Sill and El Limon Deep, and processing plant and related infrastructure, and the Media Luna deposit.

Sector

Gold

Calendar

2024-05-07 - Q1 2024 Earnings Release

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Income Statement Evolution

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

19.91 CAD

Average target price

26.09 CAD

Spread / Average Target

+31.06%

Consensus

Quarterly earnings - Rate of surprise

Company calendar

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