Torex Gold Resources Inc. (T:TXG)
Business Focus: Gold Mining
| Sector: Basic Materials | Industry: Gold |
| See Regulatory Filings on SEDAR | |
| Company Contact | |
| Address: | 145 KING STREET, SUITE 1502 TORONTO ON M5H 1J8 |
| Tel: | 1-647-2601503 |
| Website: | https://www.torexgold.com |
| IR: | See website |
| Key People | ||
| Jody Lynne Mary Kuzenko President, Chief Executive Officer, Director | Andrew P. Snowden Chief Financial Officer | David Stefanuto Executive Vice President, Technical Services and Capital Projects |
| Daniel J. T. Rollins Senior Vice President - Corporate Development and Investor Relations | Anne E. Stephen Vice President - Human Resources and Organization Effectiveness | Raul Guerra Vice President - Exploration |
| Angela M. Robson Vice President - Corporate Affairs and Social Responsibility | Faysal A. Rodriguez Valenzuela Vice President - Mexico | Mary D. Batoff General Counsel, Corporate Secretary |
| Business Overview |
| Torex Gold Resources Inc. is an intermediate gold producing company in Canada, which is engaged in mining, developing and exploring Morelos Gold Property. The Morelos Gold property covers an area of approximately 29,000 hectares in the prospective Guerrero Gold Belt located 180 kilometers southwest of Mexico City. The Company's principal assets are the El Limon Guajes mining complex (ELG or the ELG Mine Complex), comprising the El Limon, Guajes and El Limon Sur open pits. The Company also hosts the Media Luna deposit, which is an advanced stage development project located approximately seven kilometers from ELG. The Company's El Limon Guajes underground mine includes Sub-Sill and El Limon Deep, and processing plant and related infrastructure, and the Media Luna deposit. |
| Financial Overview |
| For the fiscal year ended 31 December 2022, Torex Gold Resources Inc revenues increased 1% to $868.5M. Net income increased 24% to $188.8M. Revenues reflect Gold bullion segment increase of 1% to $850.5M, By-products segment increase of 23% to $18M. Net income benefited from Impairment loss decrease from $41.2M (expense) to $0K, Interest Income increase from $2.8M to $9.8M (income). |
| Employees: | 1,066 as of Dec 31, 2021 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $1,235M as of Dec 31, 2022 |
| Annual revenue (TTM): | $1,192M as of Dec 31, 2022 |
| EBITDA (TTM): | $682.09M as of Dec 31, 2022 |
| Net annual income (TTM): | $259.17M as of Dec 31, 2022 |
| Free cash flow (TTM): | $179.14M as of Dec 31, 2022 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 85,876,599 as of Feb 24, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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