Torex Gold Resources Stock Price on May 6, 2024
| TXG Stock | CAD 32.03 0.92 2.96% |
Below is the normalized historical share price chart for Torex Gold Resources extending back to March 01, 1996. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Torex Gold stands at 32.03, as last reported on the 4th of December, with the highest price reaching 32.06 and the lowest price hitting 30.85 during the day.
If you're considering investing in Torex Stock, it is important to understand the factors that can impact its price. Torex Gold appears to be very steady, given 3 months investment horizon. Torex Gold Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Torex Gold Resources, which you can use to evaluate the volatility of the company. Please review Torex Gold's Coefficient Of Variation of 926.71, semi deviation of 2.58, and Risk Adjusted Performance of 0.0897 to confirm if our risk estimates are consistent with your expectations.
At this time, Torex Gold's Total Stockholder Equity is very stable compared to the past year. As of the 4th of December 2024, Liabilities And Stockholders Equity is likely to grow to about 1.9 B, while Common Stock Shares Outstanding is likely to drop about 49.1 M. . At this time, Torex Gold's Price Earnings Ratio is very stable compared to the past year. As of the 4th of December 2024, Price Book Value Ratio is likely to grow to 0.67, while Price To Sales Ratio is likely to drop 1.03. Torex Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
200 Day MA 22.799 | 50 Day MA 28.702 | Beta 1.37 |
Torex |
Sharpe Ratio = 0.1532
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Estimated Market Risk
| 2.84 actual daily | 25 75% of assets are more volatile |
Expected Return
| 0.43 actual daily | 8 92% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Torex Gold is performing at about 12% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Torex Gold by adding it to a well-diversified portfolio.
Price Book 1.1432 | Enterprise Value Ebitda 3.2296 | Price Sales 2.4255 | Shares Float 85.7 M | Wall Street Target Price 36.4046 |
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Torex Gold Valuation on May 6, 2024
It is possible to determine the worth of Torex Gold on a given historical date. On May 6, 2024 Torex was worth 19.24 at the beginning of the trading date compared to the closed value of 18.99. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Torex Gold stock. Still, in general, we apply an absolute valuation method to find Torex Gold's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Torex Gold where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Torex Gold's related companies.
| Open | High | Low | Close | Volume | |
| 19.33 | 19.43 | 18.79 | 18.99 | 271,300 | |
05/06/2024 | 19.24 | 19.52 | 18.95 | 18.99 | 290,300 |
| 18.80 | 19.19 | 18.80 | 19.13 | 174,800 |
| Backtest Torex Gold | | | Torex Gold History | | | Torex Gold Valuation | Previous | Next |
Torex Gold Trading Date Momentum on May 6, 2024
| On May 07 2024 Torex Gold Resources was traded for 19.13 at the closing time. The maximum traded price for the trading interval was 19.19 and the lowest daily price was 18.80 . The daily volume was recorded at 174.8 K. The volume of trading on 7th of May 2024 played a part in the next trading day price boost. The trading price change to the next closing price was 0.74% . The trading price change to the closing price today is 8.79% . |
Torex Gold Resources Fundamentals Correlations and Trends
By evaluating Torex Gold's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Torex Gold's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Torex financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Torex Gold Stock history
Torex Gold investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Torex is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Torex Gold Resources will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Torex Gold stock prices may prove useful in developing a viable investing in Torex Gold
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 86.4 M | 49.1 M | |
| Net Income Applicable To Common Shares | 217.1 M | 228 M |
Torex Gold Quarterly Net Working Capital |
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Torex Gold Stock Technical Analysis
Torex Gold technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Torex Gold Period Price Range
Low | December 4, 2024
| High |
0.00 | 0.00 |
Torex Gold Resources cannot be verified against its exchange. Please verify the symbol is currently traded on Toronto Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Torex Gold December 4, 2024 Market Strength
Market strength indicators help investors to evaluate how Torex Gold stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Torex Gold shares will generate the highest return on investment. By undertsting and applying Torex Gold stock market strength indicators, traders can identify Torex Gold Resources entry and exit signals to maximize returns
Torex Gold Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Torex Gold's price direction in advance. Along with the technical and fundamental analysis of Torex Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Torex to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0897 | |||
| Jensen Alpha | 0.2344 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0721 | |||
| Treynor Ratio | 0.4535 |
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Other Information on Investing in Torex Stock
Torex Gold financial ratios help investors to determine whether Torex Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Torex with respect to the benefits of owning Torex Gold security.