Torex Gold Resources Inc.

Torex Gold Resources Inc.verified

TORXF

Price:

$18.78

Market Cap:

$1.61B

Torex Gold Resources Inc. is an intermediate gold producing company in Canada, which is engaged in mining, developing and exploring 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 Company’s 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 Company’s El Limon Guajes underground mine includes Sub-Sill and El Limon De...[Read more]

Industry

Gold

IPO Date

2010-01-05

Stock Exchange

PNK

Ticker

TORXF

The Current Ratio as of September 2024 (TTM) for Torex Gold Resources Inc. (TORXF) is 1.09

According to Torex Gold Resources Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.09. This represents a change of -21.49% compared to the average of 1.38 of the last 4 quarters.

Torex Gold Resources Inc. (TORXF) Historical Current Ratio (quarterly & annually)

How has TORXF Current Ratio performed in the past?

The mean historical Current Ratio of Torex Gold Resources Inc. over the last ten years is 2.24. The current 1.09 Current Ratio has changed 4.75% with respect to the historical average. Over the past ten years (40 quarters), TORXF's Current Ratio was at its highest in in the September 2014 quarter at 10.86. The Current Ratio was at its lowest in in the June 2019 quarter at 0.89.

Quarterly (TTM)
Annual

Average

2.24

Median

1.97

Minimum

1.21

Maximum

5.78

Torex Gold Resources Inc. (TORXF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Torex Gold Resources Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 29.66%

Maximum Annual Current Ratio = 5.78

Minimum Annual Increase = -63.26%

Minimum Annual Current Ratio = 1.21

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.44-37.67%
20222.31-1.09%
20212.3328.83%
20201.8129.66%
20191.4015.15%
20181.21-4.96%
20171.28-53.03%
20162.7227.99%
20152.12-63.26%
20145.78-62.45%

Torex Gold Resources Inc. (TORXF) Average Current Ratio

How has TORXF Current Ratio performed in the past?

The current Current Ratio of Torex Gold Resources Inc. (TORXF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.03

5-year avg

1.86

10-year avg

2.24

Torex Gold Resources Inc. (TORXF) Current Ratio vs. Peers

How is TORXF’s Current Ratio compared to its peers?

Torex Gold Resources Inc.’s Current Ratio is

CompanyCurrent RatioMarket cap

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Frequently asked questions❓

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