Streetbeat News

TORXF

Torex Gold Resources Inc

https://www.torexgold.com/

CEO

Jody Lynne Mary Kuzenko

Industry

Gold Ore Mining

Open

21.52

Mkt cap

1.8B

Volume

2.1K

High

21.52

P/E Ratio

17.77

52-wk high

23.15

Low

21.32

Div yield

N/A

52-wk low

9.00

Torex Gold Resources Inc (TORXF) held its Q3 2024 earnings call, discussing financial results and company updates. Key participants included CEO Jody Kuzenko and CFO Andrew Snowden.

Portfolio Pulse from

November 09, 2024 | 6:15 pm

Gold prices reached a new all-time high of over $2,220 an ounce, marking the best monthly performance since July 2020 with an 8.5% increase in March 2024. This surge, driven by anticipation of interest rate cuts and increased central bank purchases, significantly boosted gold mining stocks. The VanEck Gold Miners ETF (GDX) saw a 20% increase, its best since November 2020. Top performers included Equinox Gold Corp. (EQX), Coeur Mining, Inc. (CDE), and others, with notable gains also in the VanEck Junior Gold Miners ETF (GDXJ) portfolio.

Portfolio Pulse from Piero Cingari

March 28, 2024 | 8:12 pm

Gold prices surged past $2,160 per troy ounce, leading to an 8-session gain streak and outperforming AI-driven semiconductor stocks like NVIDIA Corp. (NVDA) and the iShares Semiconductor ETF (SOXX). The VanEck Gold Miners ETF (GDX) saw a 15% increase since late February, with inflows of over $350 million. Gold miners' attractive valuations and technical signals suggest a potential bull market. Top performing mining stocks include Genesis Minerals Limited (GSISF), Torex Gold Resources Inc. (TORXF), Coeur Mining, Inc. (CDE), OceanaGold Corporation (OCANF), AngloGold Ashanti plc (AU), DRDGOLD Limited (DRD), and Perseus Mining Limited (PMNXF).

Portfolio Pulse from Piero Cingari

March 07, 2024 | 9:30 pm

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