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Last C$1.11 CAD
Change Today +0.02 / 1.83%
Volume 1.1M
TXG On Other Exchanges
As of 4:26 PM 05/29/15 All times are local (Market data is delayed by at least 15 minutes).

torex gold resources inc (TXG) Snapshot

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Day High
Day Low
52 Week High
09/3/14 - C$1.82
52 Week Low
03/11/15 - C$0.89
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Current Stock Chart for TOREX GOLD RESOURCES INC (TXG)

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torex gold resources inc (TXG) Details

Torex Gold Resources Inc. engages in the exploration and development of mineral properties in Mexico. The company primarily explores for gold, silver, and copper deposits. It principally holds 100% interest in the Morelos Gold project comprising the El Limón and Guajes mineral deposits and the Media Luna deposit covering a land package of approximately 29,000 hectares located in Guerrero State, Mexico. The company was formerly known as Gleichen Resources Ltd. and changed its name to Torex Gold Resources Inc. in April 2010. Torex Gold Resources Inc. was founded in 1980 and is headquartered in Toronto, Canada.

342 Employees
Last Reported Date: 03/31/15
Founded in 1980

torex gold resources inc (TXG) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: C$515.0K
Chief Financial Officer
Total Annual Compensation: C$242.0K
Chief Operating Officer
Total Annual Compensation: C$300.0K
Vice President of Human Resources
Total Annual Compensation: C$267.8K
Vice-President of Exploration
Total Annual Compensation: C$340.6K
Compensation as of Fiscal Year 2014.

torex gold resources inc (TXG) Key Developments

Torex Gold Resources Inc Announces Audited Consolidated Earnings Results for the Year Ended December 31, 2014

Torex Gold Resources Inc. announced audited consolidated earnings results for the year ended December 31, 2014. The company reported net loss for the year ended December 31, 2014 decreased to $26.3 million, compared with a net loss of $67.0 million for the year ended December 31, 2013. Exploration and evaluation expenditures totalled $12.2 million on the Media Luna Project for the year ended December 31, 2014, compared to $46.1 million for the year ended December 31, 2013.

Torex Gold Resources Inc. Announces Approval of Third Drawdown on the Project Finance Facility Amounting to $50 Million

Torex Gold Resources Inc. announced that a draw of $50 million on its debt facility has been approved by the lenders. The company will receive the third drawdown on its project finance facility amounting to $50 million, for a total of $155 million drawn to date. Prior to the draw, an amendment to the facility was completed. The amendment includes adjustments to accommodate the financing impacts of the change in the planned schedule, the commitment of the company’s $40 million in unallocated funds to the project, as well as additional conservatism in the event that the schedule for the first gold pour slips into first quarter of 2016.

Torex Gold Resources Inc Presents at European Gold Forum, Apr-15-2015 10:40 AM

Torex Gold Resources Inc Presents at European Gold Forum, Apr-15-2015 10:40 AM. Venue: Zurich, Switzerland.


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