RY 175.68 -0.0512% SHOP 158.4 0.3802% TD 79.39 0.392% ENB 60.27 0.2162% BN 85.2 -1.0338% TRI 225.93 -0.3572% CNQ 47.38 0.7656% CP 106.35 0.6435% CNR 156.78 0.4614% BMO 133.32 0.0826% BNS 79.87 0.4401% CSU 4705.1001 -0.3488% CM 90.43 -0.2977% MFC 44.85 0.3131% ATD 83.17 0.8488% NGT 59.02 0.2378% TRP 67.76 -0.2503% SU 55.71 0.3603% WCN 272.06 0.4542% L 182.13 0.7523%
Section1: Company Overview
Torex Gold Resources Inc. (TSX: TXG) is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometers southwest of Mexico City and approximately 50 kilometers southwest of Iguala.
1.1 The Key Positives, Negatives, Investment Highlights, and Risks
Section2: Financial Highlights
2.1 Key Financial Highlights
Section 3: Stock Recommendation Summary
3.1 Valuation Methodology
3.2 Price Performance and Stock Recommendation
3.3 One-Year Technical Price Chart
One-Year Technical Price Chart (as of December 12, 2022). Source: REFINITIV, Analysis: Kalkine Group
Note 1: Past performance is not a reliable indicator of future performance.
Note 2: The reference date for all price data, currency as on December 12, 2022. The reference data in this report has been partly sourced from REFINITIV.
Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.
Disclaimer
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