Torex Gold Resources (Torex Gold Resources) Market Cap : $1,354.0 Mil (As of Jun. 10, 2024)

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What is Torex Gold Resources Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Torex Gold Resources's share price for the quarter that ended in Mar. 2024 was $14.75. Torex Gold Resources's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 86.0 Mil. Therefore, Torex Gold Resources's market cap for the quarter that ended in Mar. 2024 was $1,268.3 Mil.

Torex Gold Resources's quarterly market cap increased from Sep. 2023 ($894.9 Mil) to Dec. 2023 ($946.5 Mil) and increased from Dec. 2023 ($946.5 Mil) to Mar. 2024 ($1,268.3 Mil).

Torex Gold Resources's annual market cap increased from Dec. 2021 ($890.1 Mil) to Dec. 2022 ($987.2 Mil) but then declined from Dec. 2022 ($987.2 Mil) to Dec. 2023 ($946.5 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Torex Gold Resources's Enterprise Value for Today is $1,253.7 Mil.

Torex Gold Resources Market Cap Historical Data

The historical data trend for Torex Gold Resources's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Torex Gold Resources Market Cap Chart

Torex Gold Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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1,349.14

1,286.36

890.08

987.20

946.46

Torex Gold Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Market Cap	Get a 7-Day Free Trial															1,423.95	1,220.43	894.93	946.46	1,268.28

Competitive Comparison of Torex Gold Resources's Market Cap

For the Gold subindustry, Torex Gold Resources's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Torex Gold Resources's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Torex Gold Resources's Market Cap distribution charts can be found below:

* The bar in red indicates where Torex Gold Resources's Market Cap falls into.

Torex Gold Resources Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Torex Gold Resources's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )	=	Share Price (A: Dec. 2023 )	*	Shares Outstanding (EOP) (A: Dec. 2023 )
	=	$11.02	*	85.8855
	=	$946.5

Torex Gold Resources's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )	=	Share Price (Q: Mar. 2024 )	*	Shares Outstanding (EOP) (Q: Mar. 2024 )
	=	$14.75	*	85.9848
	=	$1,268.3

Torex Gold Resources (OTCPK:TORXF) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Torex Gold Resources Market Cap Related Terms

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Torex Gold Resources (Torex Gold Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torex Gold Resources Inc (OTCPK:TORXF) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

73GN:Germany TXG:Canada

Address

Exchange Tower, 130 King Street West, Suite 740, Toronto, ON, CAN, M5X 2A2

Website

https://www.torexgold.com

Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project.