Torex Gold Resources Inc. (TSE:TXG) Declares Quarterly Dividend of $0.16

Torex Gold Resources Inc. (TSE:TXG) declared a quarterly dividend on Friday, August 21st, TickerTech Dividends reports. Stockholders of record on Friday, September 4th will be paid a dividend of 0.16 per share on Friday, September 4th. This represents a c) annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st.

Torex Gold Resources Stock Performance

Torex Gold Resources stock opened at C$62.18 on Wednesday. The company has a current ratio of 1.38, a quick ratio of 2.12 and a debt-to-equity ratio of 3.86. The firm has a 50-day moving average of C$57.40 and a 200-day moving average of C$61.96. The firm has a market cap of C$5.76 billion, a P/E ratio of 9.55, a P/E/G ratio of 0.02 and a beta of 1.96. Torex Gold Resources has a 1-year low of C$40.01 and a 1-year high of C$85.00.

Torex Gold Resources (TSE:TXG) last posted its earnings results on Thursday, August 6th. The company reported C$1.28 earnings per share (EPS) for the quarter. Torex Gold Resources had a return on equity of 25.62% and a net margin of 33.02%.The company had revenue of C$578.12 million for the quarter. Sell-side analysts expect that Torex Gold Resources will post 3.6254502 EPS for the current year.

Insider Buying and Selling at Torex Gold Resources

In other news, insider Daniel James Thomas Rollins bought 850 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was purchased at an average price of C$61.51 per share, with a total value of C$52,283.50. Following the transaction, the insider owned 13,926 shares of the company’s stock, valued at approximately C$856,588.26. The trade was a 6.50% increase in their ownership of the stock. In the last quarter, insiders purchased 2,250 shares of company stock worth $137,030. 0.35% of the stock is currently owned by corporate insiders.

Torex Gold Resources Company Profile

Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, which is currently Mexico’s largest single gold producer.