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← CockpitCompetitor Analysis › TXR.TO Torex Resources Inc.Open in the cockpit ↗

Torex Resources Inc.TXR.TOCompetitor analysis, valuation and peers

Canada · CAD·Materials›Precious Metals
Momentum leader 89
Mkt cap
$5.02B
US dollars, full cap
$/day
$22.9M
20-day average traded
Fwd P/E
7.1×
forward earnings
ROIC−WACC
+13.5 pp
WACC 10.6%
Hurdle
-15 pp
Req g minus delivered
Next earnings
110 days
24 Feb 2027
Close · CADC$75.91
1D+3.0%
1W+20.1%
1M+6.7%
3M+21.0%
6M+16.3%
YTD+15.8%
1Y+33.1%
ATR %4.8%
52w lowhigh10.7% off high

What Torex Resources does

No business profile yet.

Torex Resources at a glance

Size Torex Resources (TXR.TO) is a Canada Materials company (Precious Metals) with a market value of $5.02B, the 120th largest of 420 Canada companies the cockpit tracks. Shares closed at C$75.91 on 6 Nov 2026.

Performance Over six months the shares gained 16.3%, against +1.6% for the median peer and +5.2% for the Canada market (cap-weighted) — 6th highest of 21 in its peer set.

Growth Revenue grew 75.9% over the last twelve months (peer median +50.3%); the operating margin is 46.3% (peer median 46.6%).

Valuation It trades at 7.1× forward earnings against a peer median of 13.0× (2nd cheapest of 20).

Price implies For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -15 pp: the price already allows for a slowdown.

Capital Return on invested capital runs 13.5 points above its cost of capital (10.6% WACC).

Next results Next results expected around 24 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026TXR.TO 111Peer median 100
Six months, rebased to 100: Torex Resources against the median of its 20 peers (local-currency closes).

Torex Resources financials

Reported figures in CAD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenueC$2.53BC$1.82BC$1.53BC$1.19BC$1.13B
Revenue growth—+19%+28%+5%—
Gross profitC$1.25BC$837MC$622MC$370MC$382M
EBITDAC$1.46BC$979MC$814MC$603MC$614M
Net incomeC$832MC$564MC$184MC$276MC$246M
Free cash flowC$757MC$153M-C$157M-C$244MC$168M
Capital expenditureC$329MC$495MC$770MC$647MC$361M
Total debtC$141MC$183MC$203MC$42.2MC$5.28M

Quarterly statements and history in the cockpit →

Torex Resources competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-20%0%+20%-10%0%603979GGPKNTMAURMS002155SSRMCMMGMDPRUCGVAUOGCSBSWTFPMPAFARTGORAYATXR.TO6-month return →1-month return →
Up and to the right = strong over both horizons. Torex Resources is the large dot.

Fundamentals: revenue growth against valuation

0%+100%+200%10×20×30×603979GGPKNTRMS002155SSRMCMMGMDPRUCGOGCSBSWTFPMPAFARTGORAYATXR.TORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Torex Resources is the large dot.

Capital: growth delivered against growth the price implies

0%+50%+100%+150%0%100%603979KNTRMSCMMGMDPRUVAUAYATXR.TOGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Torex Resources is the large dot.

Torex Resources competitors and peer comparison

How Torex Resources compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Torex Resources against its 20 peers (data as of 6 Nov 2026)
MeasureTXR.TOPeer medianRank in peer set
1-month return+6.7%-0.4%highest of 21
6-month return+16.3%+1.6%6th highest of 21
Distance from 52-week high-10.7%-22.2%3rd highest of 21
Revenue growth (TTM)+75.9%+50.3%6th highest of 19
Operating margin46.3%46.6%10th highest of 19
Forward P/E7.1×13.0×2nd cheapest of 20
Growth the price implies (Req g, 7 yrs)-3.9%3.6%4th least demanding of 15
Growth delivered (Del g)+11.5%+29.2%2nd lowest of 13
Hurdle (Req g minus delivered)-15.4 pp-31.5 pp3rd most demanding of 13
ROIC minus cost of capital+13.5 pp+19.7 pp8th lowest of 21
EV / EBITDA4.7×7.2×5th cheapest of 17
Net debt / EBITDA-0.1×-0.5×5th most indebted of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Torex Resources TXR.TOCanada$5.02B+16%+76%46%7.1×-3.9%+11.5%
JCHX MINING MANAGEMENT 603979.SSChina$5.09B-12%+23%28%9.9×-7.7%+29.3%
Greatland Resources GGP.AXAustralia$5.11B-31%+118%52%13.4×-3.1%n/a
K92 Mining KNT.TOCanada$4.86B+10%+62%68%11.0×0.7%+31.3%
Montage Gold MAU.TOCanada$4.79B+17%n/an/a18.4×n/an/a
Ramelius Resources RMS.AXAustralia$4.78B+3%-14%42%19.0×13.7%+10.3%
Hunan Gold 002155.SZChina$4.72B-33%+1%4%15.3×11.1%+27.4%
SSR Mining SSRMUnited States$5.66B-17%+39%42%8.1×n/an/a
Capricorn Metals CMM.AXAustralia$4.42B-1%+45%58%17.6×12.7%+33.9%
Genesis Minerals GMD.AXAustralia$5.73B+6%+89%45%15.1×7.2%+182.9%
Perseus Mining PRU.AXAustralia$5.77B+11%+13%48%11.8×-1.1%+26.4%
Centerra Gold CG.TOCanada$4.25B+27%+44%27%12.4×6.5%+13.9%
Vault Minerals VAU.AXAustralia$4.19B+21%+35%33%13.0×-0.1%+59.0%
OceanaGold OGC.TOCanada$6.27B-5%+56%44%7.1×-5.4%+29.2%
Sibanye Stillwater Limited Sponsored ADR SBSWUnited States$6.30B-29%+59%26%5.9×n/an/a
Skeena Resources SKE.TOCanada$3.90B+6%n/an/an/an/an/a
Triple Flag Precious Metals TFPM.TOCanada$6.54B+1%+45%63%24.7×n/an/a
Pan African Resources PAF.LUnited Kingdom$3.79B-25%+106%54%7.2×-6.7%+25.7%
Artemis Gold ARTG.VCanada$6.76B+18%+148%71%11.3×6.6%n/a
OR Royalties OR.TOCanada$6.81B0%+68%77%29.5×n/an/a
Aya Gold & Silver AYA.TOCanada$3.68B+40%+265%53%19.2×17.9%+72.4%

Questions

Which companies are Torex Resources's closest peers?
The cockpit's peer set: JCHX MINING MANAGEMENT (603979.SS), Greatland Resources (GGP.AX), K92 Mining (KNT.TO), Montage Gold (MAU.TO), Ramelius Resources (RMS.AX), Hunan Gold (002155.SZ), SSR Mining (SSRM), Capricorn Metals (CMM.AX).
Is Torex Resources expensive compared with its peers?
On forward p/e it trades at 7.1× against a peer median of 13.0×, 2nd cheapest of 20 in its peer set. For today's price to make sense, revenue must grow about -4% a year for seven years (Req g). Recent delivered growth is +12%, so the hurdle is -15 pp: the price already allows for a slowdown.
How has Torex Resources stock performed?
Over six months to 6 Nov 2026 the shares returned +16.3% against +1.6% for the median peer; over one year +33.1%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.