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 given a dividend of 0.16 per share on Friday, September 4th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 21st.

Torex Gold Resources Price Performance

Shares of Torex Gold Resources stock opened at C$62.18 on Wednesday. The firm has a market capitalization of C$5.76 billion, a PE ratio of 9.55, a price-to-earnings-growth ratio of 0.02 and a beta of 1.96. The company has a current ratio of 1.38, a quick ratio of 2.12 and a debt-to-equity ratio of 3.86. Torex Gold Resources has a 12 month low of C$40.01 and a 12 month high of C$85.00. The business’s 50-day moving average price is C$57.40 and its 200-day moving average price is C$61.96.

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

About Torex Gold Resources

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.