Torex Gold Resources Inc. (TSE:TXG) Declares Dividend Increase – $0.16 Per Share

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

Torex Gold Resources Price Performance

Torex Gold Resources stock opened at C$61.10 on Tuesday. The company has a market capitalization of C$5.70 billion, a P/E ratio of 9.79, a P/E/G ratio of 0.02 and a beta of 1.85. The firm’s fifty day simple moving average is C$63.89 and its 200-day simple moving average is C$65.79. The company has a current ratio of 1.37, a quick ratio of 2.12 and a debt-to-equity ratio of 4.01. Torex Gold Resources has a 1-year low of C$38.80 and a 1-year high of C$85.00.

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.