TSX:TXGMetals and Mining
Torex Gold Resources (TSX:TXG) Stock Trades Cheap Despite Rising Cost Pressure
Torex Gold Resources stock closed at CA$62.75 on August 7 after earnings landed, leaving investors weighing a strong recent run against what the latest quarter really says about the next few years. The headline is not the quarterly earnings per share figure. It is the tension between a very profitable trailing year, with a 33% net margin and solid cash generation, and a valuation that still prices the miner well below many peers.
For anyone with a multi year view, the key story now is whether...