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Torex Gold Resources ( (TSE:TXG) ) has provided an announcement.
Torex Gold Resources has announced its 2025 operational guidance and an updated five-year production outlook for the Morelos Complex. The company anticipates a pivotal year with the completion of the Media Luna Project, which will enable simultaneous production from both sides of the Balsas River and mark its entry as a significant copper producer. Despite a planned four-week shutdown of the processing plant, Torex expects to return to positive free cash flow by mid-year, signaling a potential positive impact on its financial health and industry positioning.
More about Torex Gold Resources
Torex Gold Resources Inc. is a company in the mining industry, primarily focused on the extraction and production of gold and other metals. The company operates the Morelos Complex, which includes the Media Luna Project, and is expanding its production capabilities to include copper, aiming to become a significant producer of this metal.
YTD Price Performance: -2.97%
Average Trading Volume: 38,736
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.72B
Learn more about TXG stock on TipRanks’ Stock Analysis page.
