Torex Gold Resources Inc
TSX:TXG

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Torex Gold Resources Inc
TSX:TXG
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Price: 28.13 CAD -1.71% Market Closed
Market Cap: 2.4B CAD
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Gross Margin
Torex Gold Resources Inc

37.9%
Current
35%
Average
17.6%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
37.9%
=
Gross Profit
417.5m
/
Revenue
1.1B

Gross Margin Across Competitors

Country CA
Market Cap 2.4B CAD
Gross Margin
38%
Country RU
Market Cap 70.4T USD
Gross Margin
62%
Country ZA
Market Cap 232.2B Zac
Gross Margin
37%
Country ZA
Market Cap 97.9B Zac
Gross Margin
28%
Country CN
Market Cap 423.1B CNY
Gross Margin
17%
Country US
Market Cap 43.2B USD
Gross Margin
48%
Country CA
Market Cap 57.2B CAD
Gross Margin
60%
Country CA
Market Cap 38.9B CAD
Gross Margin
34%
Country CA
Market Cap 36.9B CAD
Gross Margin
60%
Country CA
Market Cap 33.3B CAD
Gross Margin
66%
Country RU
Market Cap 1.9T RUB
Gross Margin
70%
No Stocks Found

Torex Gold Resources Inc
Glance View

Market Cap
2.4B CAD
Industry
Metals & Mining

Torex Gold Resources Inc. stands as a compelling narrative within the mining industry, carved out against the backdrop of Mexico’s prolific Guerrero Gold Belt. At the heart of its operations lies the Morelos Gold Property, home to the flagship El Limón-Guajes mine complex, which began commercial production in 2016. The company follows a well-trodden path to profitability, anchored by extracting ore, processing this ore through both traditional milling and its innovative Media Luna Project, utilizing a method called "Muckahi". This approach holds potential to revolutionize underground mining with its purported efficiency. Torex's operations reveal a keen emphasis on cost management and process innovation, particularly as it navigates the complex dynamics of gold production amidst fluctuating commodity prices. Revenue generation for Torex Gold is primarily tied to the mining, refining, and sale of gold. While the shimmer of gold drives the company’s financial engine, Torex also unearths silver and copper as by-products, contributing additional streams of revenue. The sale of these precious metals positions the company to capitalize on market demand, achieving economic leverage through strategic partnerships and long-term contracts. The focus on sustainability and community relations echoes throughout their operational ethos, ensuring that while profitability remains crucial, so too does their impact on the surrounding environment and local communities. This dual focus aims to secure Torex’s not just financial stability, but also its social license to operate in regions that are both resource-rich and culturally diverse.

TXG Intrinsic Value
41.55 CAD
Undervaluation 32%
Intrinsic Value
Price
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
37.9%
=
Gross Profit
417.5m
/
Revenue
1.1B
What is the Gross Margin of Torex Gold Resources Inc?

Based on Torex Gold Resources Inc's most recent financial statements, the company has Gross Margin of 37.9%.