Torex Gold Resources Inc.

Torex Gold Resources Inc.verified

TXG.TO

Price:

$29.48

Market Cap:

$1.83B

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. in April 2010. Torex Gold Resources In...[Read more]

Industry

Gold

IPO Date

2010-04-20

Stock Exchange

TSX

Ticker

TXG.TO

The Current Ratio as of November 2024 (TTM) for Torex Gold Resources Inc. (TXG.TO) 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. (TXG.TO) Historical Current Ratio (quarterly & annually)

How has TXG.TO 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), TXG.TO'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. (TXG.TO) 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. (TXG.TO) Average Current Ratio

How has TXG.TO Current Ratio performed in the past?

The current Current Ratio of Torex Gold Resources Inc. (TXG.TO) 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. (TXG.TO) Current Ratio vs. Peers

How is TXG.TO’s Current Ratio compared to its peers?

Torex Gold Resources Inc.’s Current Ratio is less than OceanaGold Corporation (1.38), less than Wesdome Gold Mines Ltd. (1.48), less than Centerra Gold Inc. (3.79), less than Alamos Gold Inc. (3.04), less than Endeavour Mining plc (1.19),

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