Torex Gold Resources Inc. (TORXF)
Torex Gold Resources Inc. operates in the Gold industry of the Basic Materials sector, headquartered in Toronto, ON, CA. The stock last traded at $50.67, up 5.19% on the session, giving a market capitalisation of $4.73B. On trailing twelve-month figures it carries a trailing P/E of 7.79, a net margin of 33.0%. Its beta of 1.45 implies it has historically moved more than the broad market.
Torex Gold Resources Inc. operates as a Canadian-based, intermediate gold producer. Its activities span the full spectrum of gold resource management, from exploration and development to active mining, primarily centered on its Morelos Gold Property. This significant property encompasses approximately 29,000 hectares within Mexico's prospective Guerrero Gold Belt, located roughly 180 kilometers southwest of Mexico City. The company's core holdings are anchored by the El Limon Guajes (ELG) mining complex, which features the El Limon, Guajes, and El Limon Sur open-pit operations. Furthermore, the ELG complex includes the El Limon Guajes underground mine, comprising the Sub-Sill and El Limon Deep areas, along with a crucial processing plant and associated infrastructure. Torex is also actively advancing the Media Luna deposit, a separate project in its advanced developmental stage, situated approximately seven kilometers from the ELG complex.
Torex Gold Resources Inc. is most often compared with the following Basic Materials names: