Torex Gold Resources Inc. (TXG) to Issue Quarterly Dividend of $0.16 on June 4th

Torex Gold Resources Inc. (TSE:TXG) announced a quarterly dividend on Thursday, May 21st, TickerTech Dividends reports. Investors of record on Thursday, June 4th will be paid a dividend of 0.16 per share on Thursday, June 4th. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Thursday, May 21st. This is a 6.7% increase from Torex Gold Resources’s previous quarterly dividend of $0.15.

Torex Gold Resources Stock Performance

Torex Gold Resources stock opened at C$61.10 on Tuesday. Torex Gold Resources has a 52-week low of C$38.80 and a 52-week high of C$85.00. The company has a quick ratio of 2.12, a current ratio of 1.37 and a debt-to-equity ratio of 4.01. The firm has a market capitalization of C$5.70 billion, a price-to-earnings ratio of 9.79, a PEG ratio of 0.02 and a beta of 1.85. The firm has a 50-day moving average price of C$63.89 and a two-hundred day moving average price of C$65.79.

About Torex Gold Resources

Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, which is currently Mexico’s largest single gold producer.