TSE:TXG

21.58
0.53 (2.52%) 1d
0

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Investor Insights

This summary was created by AI, based on 1 opinions in the last 12 months.

Torex Gold Resources (TXG-T) is currently trading at a low multiple of just 5X earnings, indicating that it may be undervalued. The stock has seen a significant increase in the past 52 weeks, although it is currently experiencing a 7% decline. Despite potential EPS decline in 2024 due to inflation and other factors, the company has strong revenue and cash flow generation. With $320M net cash, Torex Gold Resources is in excellent financial shape, making it attractive for investors looking for a buy opportunity.

Consensus
Buyable
Valuation
Undervalued
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

At 5X earnings, TXG is very cheap indeed. While it is down 7% in 2023, it is still up 55% over 52 weeks, so may just be consolidating prior gains. Revenue is ramping nicely; EPS is being impacted by inflation and other factors and is expected to decline in 2024. The last quarter was ahead of estimates, but estimates have been ticking down. It has $320M net cash so is in excellent financial shape. Cash flow generation is good. We think it is certainly attractive on valuation, and its cash helps provide some comfort. We would see it as buyable. 
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precious metals
PAST TOP PICK
(A Top Pick Feb 07/22, Up 17%)

One mine is winding down, but another is ramping up production. Well funded, cash on the balance sheet. No debt. Trading at 3-4x operating cashflow. He took profits when it ran up.

precious metals
PAST TOP PICK
(A Top Pick Oct 28/21, Down 23%) Inflation does things for gold in spasms, and we haven't had one for a while. Stock's cheap. Bullion being sucked up by the central banks. Can't fight that demand forever. Could be close to an explosive move in gold and silver price.
precious metals
BUY
Very bullish on the price of gold, has a long way to go. If you go back to 1972-73, which was another peak market, gold tended to do very well. He'd expect the same now. Big setback from 2x book value. FMV is $29. All these gold stocks should be pulled up with the gold price and have a very good year or two.
precious metals
TOP PICK
3X operating cash flow. Just one gold production asset in Mexico but has exploration plays as well. Cheap stock in an area that is ignored and has potential. 6 Buys, 4 Holds, 0 Sells.
precious metals
TOP PICK
Really cheap. Very strong balance sheet. Excellent FMV. Almost down to its long-term low. Great upside potential. No dividend. (Analysts’ price target is $25.21)
precious metals
BUY
He feels its fair market value is more than 100% above its current price. This is a reasonable target given what has happened in the sector over the last 10 years. See his comments on gold stocks today.
precious metals
COMMENT
They've had two amazing quarters, but have had sociological and operational problems in western Mexico. Investors should have tight trailing stops to protect against any stock downside. The stock has ripped in the last 2 quarters.
precious metals
BUY
The biggest influence on gold is going to be the US$. Gold rolled over to about the $1290 range. You should get a bit of a spike back up. There tends to be a bump down in gold in May. We had a pretty big down move in the last couple of weeks. We are oversold on some indicators. It could stay down here for a bit as it did for all of 2017. It is back into the loop now and we just started to see some outperformance to the TSX.
precious metals
PARTIAL BUY
Once it got above $12, it started basing. And now it's started to turn up. Big move up to $17. Market will be interested around the $20 level, so it may go sideways there. If you don't have gold, this wouldn't be the first place to start, but you could pick up 1% or less than a 5% position.
precious metals
TOP PICK
Gold producer in Mexico. They have a good production level at low cost. There is good exploration upside. (Analysts’ price target is $17.98)
precious metals
COMMENT

Some of their Mexico properties have geo-politcal risk, though he likes Mexico as a whole to mine. They have cash and are getting this Mexico mine into production. They just had an EPS miss. This could be a buying opportunity.

precious metals
DON'T BUY

Great deposit. Had some start-up issues but solved them. Issues now with safety and work blockages in Guerrero, Mexico, which is a tough place. Things they can't control are killing them.

precious metals
WEAK BUY

He loves their asset. Open pit in Mexico. It is extremely cheap on a valuation basis. Striking workers blocked the entrance to the mine, shutting it down. They have quite a bit of debt. You want to manage your risk by having it as part of a larger basket of these equities.

precious metals
PAST TOP PICK

(Top Pick Jul 12/16, Down 22.42%) They are in Mexico and are a low cost producer. They have higher grade material they have discovered that won’t come on stream for a couple of quarters. They showed an earnings miss a couple of quarters ago and it makes this a great entry point. This is his only gold holding.

precious metals
Showing 1 to 15 of 32 entries

Torex Gold Resources(TXG-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Torex Gold Resources is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Torex Gold Resources(TXG-T) Frequently Asked Questions

What is Torex Gold Resources stock symbol?

Torex Gold Resources is a Canadian stock, trading under the symbol TXG-T on the Toronto Stock Exchange (TXG-CT). It is usually referred to as TSX:TXG or TXG-T

Is Torex Gold Resources a buy or a sell?

In the last year, 1 stock analyst published opinions about TXG-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Torex Gold Resources.

Is Torex Gold Resources a good investment or a top pick?

Torex Gold Resources was recommended as a Top Pick by on . Read the latest stock experts ratings for Torex Gold Resources.

Why is Torex Gold Resources stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Torex Gold Resources worth watching?

1 stock analyst on Stockchase covered Torex Gold Resources In the last year. It is a trending stock that is worth watching.

What is Torex Gold Resources stock price?

On 2024-05-17, Torex Gold Resources (TXG-T) stock closed at a price of $21.58.