Torex Gold Financials
| TORXF Stock | USD 21.01 0.06 0.29% |
Torex |
Understanding current and past Torex Gold Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Torex Gold's financial statements are interrelated, with each one affecting the others. For example, an increase in Torex Gold's assets may result in an increase in income on the income statement.
Torex Gold Stock Summary
Torex Gold competes with Fossil, Procter Gamble, Zhihu, Northstar Clean, and Old Dominion. Torex Gold Resources Inc. operates as an intermediate gold producer in Mexico. Torex Gold Resources Inc. was incorporated in 1980 and is headquartered in Toronto, Canada. Torex Gold operates under Gold classification in the United States and is traded on OTC Exchange.| Instrument | USA Pink Sheet View All |
| Exchange | PINK Exchange |
| ISIN | CA8910546032 |
| Business Address | Exchange Tower, Toronto, |
| Sector | Metals & Mining |
| Industry | Materials |
| Benchmark | Dow Jones Industrial |
| Website | www.torexgold.com |
| Phone | 647 260 1500 |
| Currency | USD - US Dollar |
Torex Gold Key Financial Ratios
There are many critical financial ratios that Torex Gold's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Torex Gold Resources reports annually and quarterly.Torex Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Torex Gold's current stock value. Our valuation model uses many indicators to compare Torex Gold value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Torex Gold competition to find correlations between indicators driving Torex Gold's intrinsic value. More Info.Torex Gold Resources is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 1.01 of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Torex Gold's earnings, one of the primary drivers of an investment's value.Torex Gold Resources Systematic Risk
Torex Gold's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Torex Gold volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Torex Gold Resources correlated with the market. If Beta is less than 0 Torex Gold generally moves in the opposite direction as compared to the market. If Torex Gold Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Torex Gold Resources is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Torex Gold is generally in the same direction as the market. If Beta > 1 Torex Gold moves generally in the same direction as, but more than the movement of the benchmark.
Torex Gold Thematic Clasifications
Torex Gold Resources is part of Gold and Gold Mining investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products
This theme covers Stocks, funds, and ETFs that are involved in producing or trading gold across different geographical areas. Large and mid-size companies, ETFs and funds that are either investing, exploring or producing, gold or indirectly involved in trading or making gold products. Get More Thematic Ideas
| Gold and Gold Mining | View |
Torex Gold November 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Torex Gold help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Torex Gold Resources. We use our internally-developed statistical techniques to arrive at the intrinsic value of Torex Gold Resources based on widely used predictive technical indicators. In general, we focus on analyzing Torex Pink Sheet price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Torex Gold's daily price indicators and compare them against related drivers.
| Downside Deviation | 2.82 | |||
| Information Ratio | 0.0208 | |||
| Maximum Drawdown | 16.53 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 5.14 |
Complementary Tools for Torex Pink Sheet analysis
When running Torex Gold's price analysis, check to measure Torex Gold's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Torex Gold is operating at the current time. Most of Torex Gold's value examination focuses on studying past and present price action to predict the probability of Torex Gold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Torex Gold's price. Additionally, you may evaluate how the addition of Torex Gold to your portfolios can decrease your overall portfolio volatility.
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