Torex Gold Resources Full Year 2022 Earnings: EPS: US$2.20 (vs US$1.77 in FY 2021)
Torex Gold Resources (TSE:TXG) Full Year 2022 Results
Key Financial Results
Revenue: US$868.5m (up 1.5% from FY 2021).
Net income: US$188.8m (up 25% from FY 2021).
Profit margin: 22% (up from 18% in FY 2021). The increase in margin was primarily driven by lower expenses.
EPS: US$2.20 (up from US$1.77 in FY 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Torex Gold Resources Earnings Insights
Looking ahead, revenue is expected to decline by 8.0% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Canada are expected to grow by 14%.
Performance of the Canadian Metals and Mining industry.
The company's shares are down 4.0% from a week ago.
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Torex Gold Resources that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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