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Torex Gold Resources Inc. (TORXF)

$42.31 +$0.29 (+0.69%) |CouncilHOLD · 48 · C
Bottom line: HOLD — our Council read (48/100) and AI Score (48/100) broadly agree.
MCap: $3.95B| P/E Ratio: 7.0| Vol: 3.9K| 52-wk range: $27.08 – $62.56
Data from FMP · Methodology

For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.

Torex Gold Resources Inc. (TORXF) trades at $42.31 with AI Score 48/100 (Grade C). Torex Gold Resources Inc. is a Canadian intermediate gold producer focused on its Morelos Gold Property in Mexico. Market cap: $3.95B, Sector: Basic materials.

Price live · AI analysis from Mar 16, 2026
Torex Gold Resources Inc. is a Canadian intermediate gold producer focused on its Morelos Gold Property in Mexico. The company's primary asset is the El Limon Guajes mining complex, with the Media Luna deposit representing a significant growth opportunity.

Analyst Coverage for TORXF: TORXF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TORXF against Basic Materials peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.

Council Score · Weighted Average of 3 Disciplines
HOLD 48/100 · C

TORXF: the 1 perspectives are evenly split.

How is this calculated? →
Council Score · 8 perspectives · See tabs for details →

Torex Gold Resources Inc. (TORXF) Materials & Commodity Exposure

CEOJody L. Kuzenko
Employees883
HeadquartersToronto, CA
IPO Year2010
IndustryGold

Torex Gold Resources Inc. is a Canadian intermediate gold producer operating the El Limon Guajes mining complex in Mexico's Guerrero Gold Belt. With a focus on expanding production through the Media Luna project, Torex distinguishes itself through its high-grade assets and significant exploration potential in a prospective gold region.

Data Provenance | Financial Data Quantitative Analysis NASDAQ Analysis: Mar 16, 2026

What Is the Investment Thesis for TORXF?

Torex Gold Resources Inc. presents a compelling investment thesis based on its existing gold production and future growth prospects. The company's El Limon Guajes mining complex provides a solid foundation, while the Media Luna project represents a substantial growth catalyst. With a P/E ratio of 7.0 and a profit margin of 30.9%, Torex demonstrates strong financial performance. Key value drivers include the successful development and integration of the Media Luna deposit, continued exploration success within the Morelos Gold Property, and efficient cost management. Potential risks include fluctuations in gold prices, operational challenges, and geopolitical factors in Mexico.

Based on FMP financials and quantitative analysis

TORXF Key Highlights

  • Market Cap of $3.95B indicates a substantial valuation, reflecting investor confidence in Torex Gold's assets and future prospects.
  • P/E ratio of 7.0 suggests that the company is reasonably valued compared to its earnings.
  • Profit Margin of 30.9% demonstrates strong profitability and efficient operations.
  • Gross Margin of 51.7% highlights the company's ability to generate revenue above its cost of goods sold.
  • Dividend Yield of 0.45% provides a modest return to shareholders, indicating a commitment to returning value.

Who Are TORXF's Competitors?

TORXF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.

Company Price Change Market Cap AI Score
CRNLF Capricorn Metals Ltd $9.36 +5.76% $4.28B 56
DPMLF DPM Metals Inc. $36.00 +5.39% $6.67B 63
ELKMF Gold Road Resources Limited $2.55 +0.00% $2.76B 50
KNTNF K92 Mining Inc. $16.05 -3.11% $3.93B 51
MITUF Mitsui Chemicals, Inc. $19.50 +62.50% $7.18B 46
WPM Wheaton Precious Metals Corp. $115.28 -0.38% $52.35B 69
ORLA Orla Mining Ltd. $10.17 -0.10% $3.82B 69
OR OR Royalties Inc. $30.82 -1.97% $5.78B 68

AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance

What Are TORXF's Key Strengths?

  • High-grade gold deposits at El Limon Guajes
  • Strategic location in the Guerrero Gold Belt
  • Advanced-stage Media Luna development project
  • Experienced management team

What Are TORXF's Weaknesses?

  • Single asset concentration (El Limon Guajes)
  • Exposure to geopolitical risks in Mexico
  • Fluctuations in gold prices
  • Dependence on successful development of Media Luna

What Could Drive TORXF Stock Higher?

  • Development and advancement of the Media Luna project, with potential for increased gold production.
  • Exploration success within the Morelos Gold Property, leading to increased reserves and resources.
  • Potential for strategic acquisitions and partnerships to expand the company's asset base.
  • Operational efficiencies and cost optimization initiatives to improve profitability.
  • Fluctuations in gold prices, which can positively impact revenue and profitability.

What Are the Key Risks for TORXF?

  • Geopolitical instability in Mexico, which can impact mining operations and investment sentiment.
  • Environmental regulations and permitting challenges, which can delay project development and increase costs.
  • Competition from other gold producers, which can impact market share and profitability.
  • Operational risks and unforeseen events, such as equipment failures or natural disasters.
  • Fluctuations in gold prices, which can negatively impact revenue and profitability.

What Are the Growth Opportunities for TORXF?

  • Media Luna Project Development: The Media Luna deposit represents a significant growth opportunity for Torex Gold. With an advanced-stage development project located approximately seven kilometers from the ELG mine complex, Media Luna has the potential to substantially increase Torex's gold production. Successful development and integration of Media Luna into the existing operations could drive significant revenue growth and enhance shareholder value. The timeline for full-scale production is estimated to be within the next 3-5 years, with ongoing exploration and development activities to further define the resource and optimize the mining plan.
  • Exploration Potential within Morelos Gold Property: Torex Gold's Morelos Gold Property covers a vast area of approximately 29,000 hectares in the prospective Guerrero Gold Belt. This extensive land package offers significant exploration potential for discovering new gold deposits and expanding existing resources. Continued exploration success could lead to increased gold production and reserve life, enhancing the company's long-term growth prospects. Exploration programs are ongoing, with a focus on identifying high-grade targets and expanding the resource base.
  • Operational Efficiencies and Cost Optimization: Torex Gold has the opportunity to improve its operational efficiencies and optimize its cost structure. By implementing advanced mining techniques, improving processing plant performance, and streamlining its supply chain, Torex can reduce its operating costs and increase its profitability. These efforts can enhance the company's competitiveness and improve its financial performance. Ongoing initiatives are focused on reducing energy consumption, improving water management, and optimizing the mining sequence.
  • Strategic Acquisitions and Partnerships: Torex Gold could pursue strategic acquisitions and partnerships to expand its asset base and diversify its operations. By acquiring or partnering with other mining companies or projects, Torex can increase its gold production, gain access to new resources, and reduce its overall risk profile. These initiatives could drive significant growth and create long-term value for shareholders. The company is actively evaluating potential acquisition targets and partnership opportunities in the region.
  • Gold Price Appreciation: Torex Gold's financial performance is closely tied to the price of gold. If gold prices increase, Torex's revenue and profitability will also increase. While the company cannot control the price of gold, it can position itself to benefit from potential price appreciation by maintaining efficient operations, controlling costs, and expanding its production capacity. Analysts predict a potential increase in gold prices due to macroeconomic factors such as inflation and geopolitical uncertainty.

What Opportunities Does TORXF Have?

  • Exploration potential within Morelos Gold Property
  • Strategic acquisitions and partnerships
  • Operational efficiencies and cost optimization
  • Gold price appreciation

What Threats Does TORXF Face?

  • Geopolitical instability in Mexico
  • Environmental regulations and permitting challenges
  • Competition from other gold producers
  • Operational risks and unforeseen events

What Are TORXF's Competitive Advantages?

  • High-Grade Assets: Torex Gold's El Limon Guajes mining complex contains high-grade gold deposits, providing a competitive advantage over lower-grade mines.
  • Strategic Location: The Morelos Gold Property is located in the prospective Guerrero Gold Belt, a region known for its gold mineralization.
  • Advanced-Stage Development Project: The Media Luna deposit represents a significant growth opportunity and provides a pipeline for future production.
  • Experienced Management Team: Torex Gold's management team has a proven track record of developing and operating gold mines.

What Does TORXF Do?

Torex Gold Resources Inc., headquartered in Toronto, Canada, is an intermediate gold producer engaged in the mining, development, and exploration of its 29,000-hectare Morelos Gold Property in the Guerrero Gold Belt of Mexico. The company's principal asset is the El Limon Guajes (ELG) mining complex, which includes the El Limon, Guajes, and El Limon Sur open pits, as well as the El Limon Guajes underground mine, comprising Sub-Sill and El Limon Deep. Torex also owns the Media Luna deposit, an advanced-stage development project located approximately seven kilometers from ELG. The ELG mine complex features a processing plant and related infrastructure. Torex Gold Resources Inc. has evolved into a significant player in the gold mining sector, focusing on high-grade assets and exploration potential within the Guerrero Gold Belt. The company's strategic focus on the Morelos Gold Property positions it for continued growth and value creation.

What Products and Services Does TORXF Offer?

  • Torex Gold Resources Inc. is a gold mining company.
  • They are engaged in the mining, development, and exploration of the Morelos Gold Property.
  • The company operates the El Limon Guajes (ELG) mining complex.
  • ELG includes open pits and underground mines.
  • Torex also owns the Media Luna deposit, an advanced-stage development project.
  • They process ore at their processing plant and related infrastructure.

How Does TORXF Make Money?

  • Torex Gold generates revenue from the sale of gold produced at its El Limon Guajes mining complex.
  • The company focuses on extracting and processing ore to produce gold bars.
  • They aim to maximize gold production while controlling costs.

What Industry Does TORXF Operate In?

Torex Gold Resources Inc. operates within the gold mining industry, which is characterized by fluctuating gold prices, geopolitical risks, and environmental regulations. The industry is influenced by macroeconomic factors such as inflation, interest rates, and currency movements. Torex competes with other gold producers, including CRNLF (Coronado Resources Ltd.), DPMLF (DPM Metals Inc.), ELKMF (Elko Mining Inc.), KNTNF (Kintavar Exploration Inc.), and MITUF (Mitsu Mining & Smelting Co.), in a competitive landscape where operational efficiency and exploration success are critical for long-term value creation.

Who Are TORXF's Key Customers?

  • Torex Gold sells its gold to various customers in the precious metals market.
  • These customers include bullion dealers, refineries, and financial institutions.
  • The company aims to establish long-term relationships with its customers to ensure stable sales.
AI Confidence: 71% Updated: Mar 16, 2026

ROE 27%Key Financial Metrics

Return on equity for Torex Gold Resources Inc. stands at 26.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 19.1%, showing how much profit it generates from its asset base. TORXF trades at a trailing price-to-earnings ratio of 7.02, below the Basic Materials sector average of ~22x. Its free cash flow yield is 10.6%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.37 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 14.2%, the inverse of the P/E and a quick read on earnings relative to price.

Torex Gold Resources Inc. (TORXF) Valuation Context

Valued at $3.95B, TORXF is classified as a mid-cap stock. Relative to its peer group, TORXF's quantitative score of 48/100 is roughly in line with the peer average of 53/100.

Company Profile

Torex Gold Resources Inc. operates in the Gold industry within the Basic Materials sector. It is headquartered in Toronto, CA. The company is led by CEO Jody L. Kuzenko. TORXF has traded publicly since 2010.

F-Score 7/9Financial Health

Torex Gold Resources Inc.'s Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 6.81 places it in the safe zone, indicating low near-term bankruptcy risk.

FY2026 estForward Outlook

Wall Street analysts project Torex Gold Resources Inc. revenue of about $2.21B for fiscal 2026, with EPS near $7.46. The estimate reflects 4 contributing analysts.

TORXF Financials

Fundamental Snapshot

Revenue Growth (FY)
+19.1%
Net Income Growth (FY)
+204.9%
EPS Growth (FY)
+196.8%
Free Cash Flow Growth (FY)
+199.5%
P/E (TTM)
7.0
Return on Equity (TTM)
+26.8%
Current Ratio
1.4
EV/EBITDA (TTM)
4.0

Based on FMP financials and quantitative analysis · FY 2025

Bull Case vs Bear Case

Bull Case

  • Recent insider buying suggests confidence in Torex's future, indicating that key stakeholders believe in the company's potential.
  • Community sentiment has shifted positively as discussions around gold prices increase, boosting interest in gold mining stocks like Torex.
  • Torex's operational updates highlight a successful ramp-up in production, which could enhance their revenue streams moving forward.
  • Market perception is improving as gold remains a safe haven during economic uncertainty, making companies like Torex more attractive to investors.

Bear Case

  • Concerns about rising production costs may impact Torex's profitability, leading to a cautious outlook among some investors.
  • Recent discussions in the community reflect skepticism regarding the sustainability of gold prices, which could affect Torex's performance.
  • Insider selling activity has raised eyebrows, suggesting that some executives may be hedging against potential downturns.
  • Market sentiment remains mixed as geopolitical tensions could affect mining operations and investor confidence in the sector.

AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026

TORXF Latest News

TORXF Analyst Consensus

Consensus Rating

Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TORXF.

Price Targets

Wall Street price target analysis for TORXF.

TORXF MoonshotScore

48/100

What does this score mean?

The MoonshotScore rates TORXF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.

Leadership: Jody L. Kuzenko

CEO

Jody L. Kuzenko serves as the CEO of Torex Gold Resources Inc. Her background includes extensive experience in the mining industry, with a focus on operations, project development, and corporate strategy. Prior to joining Torex Gold, she held leadership positions at various mining companies, where she was responsible for overseeing large-scale mining operations and driving operational improvements. Kuzenko's expertise spans across various commodities and mining methods, providing her with a comprehensive understanding of the industry.

Track Record: Since becoming CEO, Jody L. Kuzenko has focused on advancing the Media Luna project and optimizing operations at the El Limon Guajes mining complex. Under her leadership, Torex Gold has achieved significant milestones in the development of Media Luna, including the completion of a feasibility study and the commencement of construction activities. She has also prioritized safety, environmental stewardship, and community engagement, fostering a culture of responsible mining practices.

TORXF OTC Market Information

The OTC Other tier represents the lowest tier of the OTC market, encompassing securities that are not eligible for trading on OTCQX or OTCQB. Companies on this tier may have limited or no financial disclosure, and there are no minimum financial standards required for continued listing. This tier is often associated with higher risks due to the lack of regulatory oversight and transparency compared to major exchanges like the NYSE or NASDAQ. Investors should exercise caution and conduct thorough due diligence before investing in securities on the OTC Other tier.

  • OTC Tier: OTC Other
  • Disclosure Status: Unknown
Liquidity: Liquidity on the OTC market can be highly variable. Given the 'OTC Other' classification, TORXF may experience lower trading volumes and wider bid-ask spreads compared to exchange-listed stocks. This can make it more difficult to buy or sell shares quickly and at desired prices. Investors should be aware of potential price volatility and the challenges of executing large trades.
OTC Risk Factors:
  • Limited Financial Disclosure: Lack of readily available and audited financial statements increases investment risk.
  • Lower Liquidity: Reduced trading volume and wider bid-ask spreads can lead to difficulty in buying or selling shares.
  • Price Volatility: OTC stocks are often subject to greater price swings due to lower trading volumes and market maker activity.
  • Regulatory Scrutiny: OTC-listed companies may face less regulatory oversight compared to exchange-listed companies.
  • Potential for Fraud: The OTC market has a higher incidence of fraudulent schemes and scams.
Due Diligence Checklist:
  • Verify the company's registration and legal standing.
  • Review available financial statements and disclosures.
  • Assess the company's management team and their track record.
  • Analyze the company's business model and competitive landscape.
  • Evaluate the company's risk factors and potential liabilities.
  • Check for any regulatory actions or legal disputes.
  • Monitor trading volume and price volatility.
Legitimacy Signals:
  • Established Operations: Torex Gold Resources Inc. has an operational mine (El Limon Guajes) and an advanced-stage project (Media Luna).
  • Audited Financials (Potentially): Check if any audited financial statements are available, even if not mandated by OTC regulations.
  • Industry Recognition: Positive coverage or recognition from reputable mining industry publications or analysts.
  • Active Website and Investor Relations: A professional website with investor relations materials and contact information.
  • Executive Team: Experienced CEO Jody L. Kuzenko.

What Investors Ask About Torex Gold Resources Inc. (TORXF) — Basic Materials

What does Torex Gold Resources Inc. do?

Torex Gold Resources Inc. is an intermediate gold producer focused on the exploration, development, and mining of its Morelos Gold Property in Mexico. The company's primary asset is the El Limon Guajes (ELG) mining complex, which includes open-pit and underground mines. Torex is also developing the Media Luna deposit, a significant project expected to boost future gold production. The company extracts and processes ore to produce gold, selling it to various customers in the precious metals market.

What do analysts say about TORXF stock?

Analyst consensus on Torex Gold Resources Inc. is pending. Key valuation metrics to consider include the company's P/E ratio of 7.0 and its profit margin of 30.9%. Growth considerations center on the successful development of the Media Luna project and continued exploration success within the Morelos Gold Property. Investors should monitor these factors to assess the company's future performance and potential for value creation. The company's financial performance is closely tied to the price of gold.

What are the main risks for TORXF?

The main risks for Torex Gold Resources Inc. include geopolitical instability in Mexico, which can impact mining operations and investment sentiment. Environmental regulations and permitting challenges can also delay project development and increase costs. Competition from other gold producers poses a threat to market share and profitability. Operational risks, such as equipment failures or natural disasters, can disrupt production. Fluctuations in gold prices can negatively impact revenue and profitability. The company's reliance on a single asset (El Limon Guajes) also presents a concentration risk.

What are the key factors to evaluate for TORXF?

Torex Gold Resources Inc. (TORXF) holds an AI score of 48/100 (low). P/E: 7.0x vs the S&P 500's ~20-25x. Not financial advice.

How frequently does TORXF data refresh on this page?

TORXF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.

What has driven TORXF's recent stock price performance?

Torex Gold Resources Inc. (TORXF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: High-grade gold deposits at El Limon Guajes. See the News tab for the latest drivers. Past performance does not predict future results.

Should investors consider TORXF overvalued or undervalued right now?

Torex Gold Resources Inc. (TORXF) trades at 7.0x earnings. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.

What research should beginners do before buying TORXF?

Before investing in Torex Gold Resources Inc. (TORXF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Official Resources

Price as of Analysis updated AI Score refreshed daily
Data Sources & Methodology
Market data powered by Financial Modeling Prep & Yahoo Finance. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

Analysis Notes
  • Information is based on available sources and may be subject to change.
  • OTC market data may be limited or delayed.
Data Sources

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