Torex Gold Resources Inc (TSE:TXG)

Torex Gold Resources Inc (TSE:TXG) Company Profile

Symbol(s): TSE:TXG, OTCMKTS:TORXF
Industry: Gold Mining
Website: www.torexgold.com
eMail: info@torexgold.com

Torex Gold Resources Inc (TSE:TXG) is a Canadian Gold mining company. It’s a emerging major mainly focused on exploration and development of mineral properties in Mexico City, Mexico. The company has 100% ownership of the Morelos – El Limon property which is located in Mexico City, Mexico.

Torex Gold Resources Inc (TSE:TXG) has about 9.8 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$161.999 per gold equivalent ounce. The company currently produces 370000 ounces of gold per year with the all-in sustaining costs of US$950 per ounce.

Torex Gold Resources Inc has US$93.66 million cash and US$405.9 million debt. The company has 85.53 million shares outstanding and as of September 01, 2020, had a market capitalization of US$1275.35 million. The stocks of Torex Gold Resources Inc trade on the Toronto Stock Exchange and the Over-the-Counter Exchange.