Metals & mining

Torex Gold Resources (TXG)

C$75.19 +2.2% on the day·+22.2% in a year·close Oct 13, 2026

Listed on the Toronto Stock Exchange; prices in Canadian dollars. All 218 TSX stocks.

Your signal

Buy74 / 100

Buy: 74 is at or above your Buy line of 60. Trend (+17% vs 200-day) scores 86 and lifts it; Plays in (69%) scores 69 and holds it back.

Every factor in this score has a tested record: each was checked month by month since 2011 on numbers public at the time.

Factor you weight	TXG	Points	Weight	Adds
Plays in	69%	69	40	27.6
Off the high	−9% from its 1-year high	70	30	21.0
Trend	+17% vs 200-day	86	30	25.8

Email me when it flips

Your signal is the one call Be The Puck makes on a stock, and you set it: weight the plays, analysts, P/E, growth, debt, trend and more, and move the Buy and Sell lines. Every page follows your choice. How the score works

All 18 factors for TXG

Factor	TXG	Points	What it is
Plays in	69%	69	The share of the plays you count that hold it now.
Analysts' upside	+25% · 10 analysts	64	How far analysts' average 12-month target sits above the price (3+ analysts). −20% scores 0, +50% full marks; at most 50 while the price is below its 200-day average, since targets lag a falling price.
Analysts' rating	1.4 · strong buy	80	The analysts' average recommendation: strong buy scores 100, hold or worse 0.
P/E	8.4×	95	Price over the last four quarters' earnings per share. Lower ranks higher; a loss scores 0. Source: Yahoo Finance.
Forward P/E	7.4×	93	Price over next year's expected earnings. Lower ranks higher; an expected loss scores 0. Source: Yahoo Finance.
PEG	–	–	P/E divided by expected earnings growth. Lower ranks higher; around 1 is often read as fair for the growth.
Price to sales	2.7×	61	Market value over the last 12 months' revenue. Lower ranks higher. Source: Yahoo Finance.
Price to book	1.9×	79	Price over book value (assets minus debts) per share. Lower ranks higher. Source: Yahoo Finance.
Dividend yield	0.9%	25	Dividends over the last year as a share of the price. Higher ranks higher; no dividend scores 0. Source: Yahoo Finance.
Earnings growth	+26%	56	Earnings per share over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Revenue growth	+60%	89	Revenue over the last four quarters against the four before (the latest quarter on a year earlier where filings aren't available). Higher ranks higher. Source: Yahoo Finance.
Profit margin	33%	87	Net profit as a share of revenue. Higher ranks higher. Source: Yahoo Finance.
Return on equity	28%	83	Profit as a share of shareholders' equity. Higher ranks higher. Source: Yahoo Finance.
Debt to equity	0.04×	89	Debt against shareholders' equity. Lower ranks higher; negative equity scores 0. Source: Yahoo Finance.
Off the high	−9% from its 1-year high	70	How far the price sits below its highest close of the last year: 100 points at the high, none at 30% or more below. The exit rule: a stock that keeps falling loses points whatever else it has going for it.
Trend	+17% vs 200-day	86	How far the price sits above its 200-day average. Higher ranks higher.
1-year momentum	+22%	58	The price change over the last 12 months. Higher ranks higher.
Low crash exposure	6/10 · high	40	The storm test: 100 for no exposure, 10 points off per point of exposure.

The read

Test a theory on TXG

69 of the 100 plays hold TXG right now.
The trend-following, breakout, momentum and volume plays mostly say in; the mean-reversion and pattern plays mostly say out.
It closed 17% above its 200-day average and 9% below its 52-week high.
Crash exposure reads high: it moves about 2.1× its index and fell about 2.0× as far as its index in past crashes.
Analysts' average 12-month target is C$93.70, 25% above the close (10 analysts).

This analysis does not constitute trading advice. Please meet with an advisor or independently review sources before making any decision. New to this? Start with the basics.

Plays in69 / 100Every play Be The Puck tests, in 7 families.

Crash exposureHigh6 of 10 on the storm test Mayer Multiple1.17×Price ÷ its 200-day average (+17%). Higher than on 70% of days since 2011. Above 2.4 is Mayer's overheated zone.

The most accurate play in each family

Each family's play whose calls went the right way most often, tested on 351 stocks since 2005, and what it says about TXG now.

Trend followingHoly GrailOUT42% of 12,813 calls rightOn TXG: right 12 of 24 · Out since Mar 17, 2025 Breakouts & channelsP&F Double TopIN37% of 36,314 calls rightOn TXG: right 69 of 202 · In since Jul 22, 2026 Momentum12-1 MomentumIN44% of 8,156 calls rightOn TXG: right 12 of 28 · In since Jun 28, 2024 Mean reversionBollinger ReversionOUT64% of 53,095 calls rightOn TXG: right 92 of 136 · Out since Jun 15, 2026 Volume & money flowMoney Flow IndexIN59% of 13,925 calls rightOn TXG: right 29 of 47 · In since Mar 25, 2026 Candles & chart patternsEngulfing SwitchOUT50% of 38,976 calls rightOn TXG: right 54 of 110 · Out since Aug 28, 2026 CalendarHalloween IndicatorOUT54% of 12,345 calls rightOn TXG: right 19 of 33 · Out since Apr 30, 2026

A call is right when the stock rose after an in call or fell after an out call. Trend plays are built to take many small losses for a few big wins, so their hit rates run lower; being right often isn't the same as making the most money. How we test a play.

TXG, day by day

How to read candlesticks

Each candle is one trading day: the box spans the open and close, the thin line the day's high and low. Hollow boxes closed up, filled boxes closed down. Toggle the averages to see the trend the plays read. Dots above the candles mark news and company filings: hover or tap one to see the story and how the stock moved from the last close before it, against the market on the same days.

What moved TXG lately

No session in the last 30 moved it twice a normal day against the S&P/TSX; these were its largest, the news read on each, and how reliably that kind of news has moved stocks before. How it's measured

Tue Oct 6+4.6% against the S&P/TSX1.7× a normal day

TXG +5.0%, the S&P/TSX +0.4% that session; +6.4% against the S&P/TSX over five sessions.

Beat, in the headlinesSmartkarma · Oct 6, 6:10 am ET
Torex Gold Resources (TXG) Earnings: Q3 Gold Production Surpasses Estimates, Highlights Strong Shareholder Returns Strategy
After beat headlines, stocks did better than their index at the first close after the news 50% of the time (3 of 6 on 6 stocks; median move +1.7%). Low predictability Early read
HeadlinePluang · Oct 6, 6:14 am ET
Torex Gold reports strong Q3 2026 production of 131,900 oz AuEq, on track for full-year guidance.
Headlinewww.marketscreener.com · Oct 6, 6:01 am ET
Torex Gold Reports Q3 2026 Production Results
HeadlineStock Titan · Oct 6, 6:00 am ET
Torex says preliminary Q3 output puts it on track for 420,000–470,000 gold-equivalent ounces this year.

Mon Sep 28−4.5% against the S&P/TSX1.5× a normal day

TXG −5.4%, the S&P/TSX −0.9% that session; −1.7% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on TXG was found for this session. Be The Puck's headline archive for TXG starts Oct 3, so news stories from that day aren't in it. The S&P/TSX moved −0.9%. The 50 other Metals & mining stocks Be The Puck covers moved −4.1% on average: much of the move was shared with its group.

Tue Sep 22+4.7% against the S&P/TSX1.6× a normal day

TXG +5.6%, the S&P/TSX +0.9% that session; +0.4% against the S&P/TSX over five sessions.

No earnings report, rating change, 8-K filing or news story on TXG was found for this session. Be The Puck's headline archive for TXG starts Oct 3, so news stories from that day aren't in it. The S&P/TSX moved +0.9%. The 50 other Metals & mining stocks Be The Puck covers moved +4.4% on average: much of the move was shared with its group.

Two years of calls, week by week

InOutShare of plays in

One row per play, grouped by family. When most rows turn green at once, the trend is broad. When they split, the plays disagree and the stock is usually chopping sideways.

Every play on TXG

All 100 plays, by family.

Trend following26 of 30 in Breakouts & channels13 of 15 in Momentum14 of 17 in Mean reversion3 of 15 in Volume & money flow8 of 9 in Candles & chart patterns0 of 3 in Calendar5 of 11 in

Calls right: how often the play's calls on TXG went the right way since 2005. Record columns: play / buy and hold, annual return and worst drawdown since 2010. Click a column to sort.Sort with the menu above the list.

Play	Call	Since	Next move	Calls right	Annual return	Worst drawdown
Trend following
PB EMABitcoin Playboy · daily	IN	Oct 2, 2026 +7.9%	Exit below C$70.30 (−6.5%)	22% 112/515	−5.4% / +12.3%	−88.2% / −78.2%
Bull Market Support BandBenjamin Cowen · weekly	IN	Aug 7, 2026 +20.1%	Exit below C$62.69 (−16.6%)	27% 24/90	−0.7% / +9.6%	−81.3% / −78.2%
Ripster EMA CloudRipster · daily	IN	Aug 5, 2026 +24.3%	Exit below C$67.47 (−10.3%)	20% 61/304	−3.4% / +10.8%	−87.5% / −78.2%
Trend TemplateMark Minervini · daily	OUT	Apr 15, 2026 +19.0%	Not on one close	22% 23/105	+0.9% / +9.6%	−56.3% / −78.2%
Stage AnalysisStan Weinstein · weekly	IN	Sep 11, 2026 +7.7%	Exit below C$62.54 (−16.8%)	12% 7/60	+1.7% / +10.5%	−73.6% / −78.2%
Stage 2 + Mansfield RSStan Weinstein · weekly	IN	Sep 25, 2026 +5.2%	Exit below C$70.00 (−6.9%)	19% 14/72	+2.1% / +9.7%	−69.8% / −78.2%
10-Month SMAMeb Faber · month-end	IN	Aug 31, 2026 +11.0%	Exit below C$64.07 (−14.8%)	21% 8/38	+3.0% / +11.1%	−76.2% / −78.2%
200-Day RulePaul Tudor Jones · daily	IN	Aug 19, 2026 +11.6%	Exit below C$64.31 (−14.5%)	10% 18/182	−7.2% / +10.4%	−95.6% / −78.2%
Golden CrossMarket tradition · daily	IN	Sep 28, 2026 +11.2%	Not on one close	30% 9/30	+1.9% / +10.4%	−73.5% / −78.2%
Granville 200-DayJoseph E. Granville · daily	IN	Aug 21, 2026 +7.7%	Exit below C$64.31 (−14.5%)	6% 9/140	−11.7% / +8.7%	−95.3% / −78.2%
Hull Moving AverageAlan Hull · weekly	IN	Aug 7, 2026 +20.1%	Exit below C$69.49 (−7.6%)	32% 37/116	−1.5% / +11.2%	−82.6% / −78.2%
Kaufman Adaptive MAPerry J. Kaufman · daily	IN	Sep 29, 2026 +7.9%	Exit below C$69.05 (−8.2%)	21% 132/621	−4.2% / +12.4%	−86.6% / −78.2%
TEMA CrossoverPatrick G. Mulloy · daily	OUT	Sep 14, 2026 +11.2%	Enter above C$77.47 (+3.0%)	34% 68/200	−2.0% / +11.5%	−78.0% / −78.2%
Seykota 15/150Ed Seykota · daily	IN	Aug 4, 2026 +33.4%	Not on one close	16% 5/32	−2.8% / +10.0%	−86.5% / −78.2%
Guppy Multiple MAsDaryl Guppy · daily	IN	Aug 11, 2026 +20.9%	Exit below C$54.06 (−28.1%)	28% 30/106	−3.6% / +11.2%	−88.9% / −78.2%
Ichimoku CloudGoichi Hosoda · daily	IN	Aug 7, 2026 +20.1%	Exit below C$62.36 (−17.1%)	26% 24/91	−3.2% / +13.0%	−89.2% / −78.2%
SupertrendOlivier Seban · daily	IN	Aug 7, 2026 +20.1%	Exit below C$65.40 (−13.0%)	38% 44/116	+0.7% / +11.8%	−80.6% / −78.2%
Williams AlligatorBill Williams · daily	IN	Sep 22, 2026 +4.2%	Not on one close	38% 89/234	−2.7% / +11.8%	−79.3% / −78.2%
Vortex IndicatorEtienne Botes & Douglas Siepman · daily	IN	Oct 2, 2026 +7.9%	Exit below C$64.36 (−14.4%)	31% 149/474	−4.3% / +10.8%	−84.6% / −78.2%
AroonTushar S. Chande · daily	IN	Oct 6, 2026 +2.6%	Exit below C$65.16 (−13.3%)	40% 67/166	+4.4% / +11.7%	−70.3% / −78.2%
Parabolic SARJ. Welles Wilder Jr. · daily	IN	Sep 22, 2026 +4.2%	Exit below C$68.05 (−9.5%)	38% 140/372	+1.4% / +11.7%	−84.1% / −78.2%
ADX TrendJ. Welles Wilder Jr. · daily	IN	Aug 24, 2026 +6.3%	Exit below C$65.16 (−13.3%)	35% 36/104	−0.6% / +11.5%	−59.1% / −78.2%
MACD Zero LineGerald Appel · daily	IN	Aug 6, 2026 +26.0%	Exit below C$52.99 (−29.5%)	27% 40/147	−2.9% / +13.9%	−89.8% / −78.2%
Zweig 4% ModelMartin Zweig · weekly	IN	Aug 7, 2026 +20.1%	Exit below C$70.66 (−6.0%)	39% 99/257	+9.7% / +11.8%	−70.5% / −78.2%
MAMA/FAMA CrossJohn F. Ehlers · daily	IN	Aug 5, 2026 +24.3%	Not on one close	29% 50/173	−0.9% / +13.9%	−84.8% / −78.2%
Schaff Trend CycleDoug Schaff · daily	IN	Oct 6, 2026 +2.6%	Not on one close	36% 62/173	+2.3% / +11.5%	−67.4% / −78.2%
Zero Lag EC CrossJohn F. Ehlers & Ric Way · daily	IN	Aug 6, 2026 +26.0%	Exit below C$53.13 (−29.3%)	28% 42/149	−2.9% / +10.8%	−86.3% / −78.2%
DP Trend ModelCarl Swenlin & Erin Swenlin · daily	IN	Aug 12, 2026 +21.0%	Exit below C$19.95 (−73.5%)	23% 20/86	−4.4% / +10.8%	−91.4% / −78.2%
Elder Triple ScreenAlexander Elder · daily	OUT	Sep 18, 2026 +10.0%	Not on one close	30% 45/150	−6.2% / +10.5%	−87.1% / −78.2%
Holy GrailLinda Bradford Raschke & Larry Connors · daily	OUT	Mar 17, 2025 +109.9%	Not on one close	50% 12/24	+3.4% / +13.9%	−8.7% / −78.2%
Breakouts & channels
Four-Week RuleRichard Donchian · daily	IN	Aug 5, 2026 +24.3%	Exit below C$65.16 (−13.3%)	39% 33/85	+1.7% / +11.8%	−85.7% / −78.2%
Turtle System 1Richard Dennis & William Eckhardt · daily	IN	Aug 5, 2026 +24.3%	Exit below C$67.05 (−10.8%)	34% 30/89	+3.4% / +13.4%	−69.1% / −78.2%
Turtle System 2Richard Dennis & William Eckhardt · daily	IN	Aug 19, 2026 +11.6%	Exit below C$65.16 (−13.3%)	30% 17/57	+2.4% / +13.4%	−66.6% / −78.2%
Clenow TrendAndreas F. Clenow · daily	IN	Aug 25, 2026 +4.1%	Exit below C$65.85 (−12.4%)	37% 23/62	+3.1% / +10.8%	−60.1% / −78.2%
Darvas BoxNicolas Darvas · daily	IN	Aug 5, 2026 +24.3%	Exit below C$64.64 (−14.0%)	25% 22/89	−6.2% / +11.8%	−88.9% / −78.2%
Keltner ChannelChester W. Keltner & Linda Bradford Raschke · daily	OUT	Sep 1, 2026 +14.7%	Enter above C$76.22 (+1.4%)	35% 41/116	−1.0% / +12.4%	−70.3% / −78.2%
Bollinger BreakoutJohn Bollinger · daily	IN	Oct 6, 2026 +2.6%	Exit below C$70.05 (−6.8%)	33% 57/175	−1.6% / +11.5%	−80.2% / −78.2%
Chandelier ExitChuck LeBeau · daily	IN	Aug 7, 2026 +20.1%	Exit below C$67.17 (−10.7%)	43% 53/123	+9.1% / +12.1%	−73.9% / −78.2%
Wilder Volatility SystemJ. Welles Wilder Jr. · daily	IN	Aug 7, 2026 +20.1%	Exit below C$66.65 (−11.4%)	32% 45/142	−2.9% / +11.8%	−87.8% / −78.2%
P&F Double TopA.W. Cohen & Thomas J. Dorsey · daily	IN	Jul 22, 2026 +35.2%	Exit below C$66.56 (−11.5%)	34% 69/202	−3.2% / +11.7%	−85.9% / −78.2%
Chande Kroll StopTushar S. Chande & Stanley Kroll · daily	IN	Aug 5, 2026 +24.3%	Exit below C$67.61 (−10.1%)	24% 58/239	+0.6% / +11.9%	−87.9% / −78.2%
Acceleration BandsPrice Headley · daily	OUT	Aug 28, 2026 +9.9%	Not on one close	28% 35/126	−2.7% / +11.8%	−54.6% / −78.2%
TTM SqueezeJohn F. Carter · daily	IN	Oct 13, 2026 0.0%	Exit below C$51.11 (−32.0%)	40% 37/93	+4.0% / +12.4%	−37.7% / −78.2%
NR7 BreakoutToby Crabel · daily	IN	Sep 29, 2026 +7.9%	Exit below C$67.85 (−9.8%)	33% 159/489	+0.2% / +11.7%	−81.7% / −78.2%
Bollinger SqueezeJohn Bollinger · daily	IN	Oct 6, 2026 +2.6%	Exit below C$70.05 (−6.8%)	29% 10/35	+2.9% / +12.4%	−41.9% / −78.2%
Momentum
12-Month MomentumMoskowitz, Ooi & Pedersen · month-end	IN	Jun 28, 2024 +258.0%	Exit below C$59.52 (−20.8%)	33% 10/30	+4.7% / +9.8%	−60.9% / −78.2%
12-1 MomentumNarasimhan Jegadeesh & Sheridan Titman · month-end	IN	Jun 28, 2024 +258.0%	Not on one close	43% 12/28	+9.2% / +9.8%	−65.4% / −78.2%
Dual MomentumGary Antonacci · month-end	IN	May 29, 2026 +19.2%	Exit below C$66.19 (−12.0%)	40% 12/30	+5.2% / +9.8%	−55.1% / −78.2%
Stocks on the MoveAndreas F. Clenow · daily	IN	Aug 26, 2026 +6.7%	Sell above C$86.47 (+15.0%)	21% 24/115	+4.0% / +10.9%	−66.9% / −78.2%
52-Week HighThomas J. George & Chuan-Yang Hwang · month-end	OUT	Mar 31, 2026 +18.3%	Enter above C$78.41 (+4.3%)	31% 8/26	−0.1% / +9.7%	−60.0% / −78.2%
Levy Relative StrengthRobert A. Levy · weekly	IN	Aug 21, 2026 +7.7%	Exit below C$64.89 (−13.7%)	30% 26/86	+4.0% / +11.1%	−75.9% / −78.2%
MACD Signal CrossGerald Appel · daily	IN	Oct 6, 2026 +2.6%	Exit below C$68.53 (−8.9%)	33% 105/321	−0.7% / +13.9%	−79.3% / −78.2%
Elder ImpulseAlexander Elder · daily	IN	Oct 2, 2026 +7.9%	Exit below C$71.22 (−5.3%)	26% 157/607	−4.4% / +13.9%	−89.0% / −78.2%
Know Sure ThingMartin J. Pring · daily	OUT	Sep 8, 2026 +9.2%	Enter above C$72.26 (−3.9%)	33% 76/228	+1.0% / +13.4%	−74.1% / −78.2%
Coppock CurveEdwin S. C. Coppock · month-end	IN	Nov 30, 2022 +509.6%	Not on one close	36% 4/11	+13.2% / +10.7%	−68.0% / −78.2%
CCI +100Donald R. Lambert · daily	IN	Oct 9, 2026 +2.2%	Exit below C$71.05 (−5.5%)	28% 116/421	−1.3% / +11.8%	−63.4% / −78.2%
TRIX Signal CrossJack K. Hutson · daily	OUT	Sep 9, 2026 +7.5%	Enter above C$72.96 (−3.0%)	37% 77/209	+2.3% / +10.8%	−72.1% / −78.2%
TSI Zero LineWilliam Blau · daily	IN	Aug 6, 2026 +26.0%	Exit below C$52.47 (−30.2%)	27% 39/144	−4.7% / +10.8%	−89.8% / −78.2%
13612W MomentumWouter J. Keller & Jan Willem Keuning · month-end	IN	Aug 31, 2026 +11.0%	Exit below C$62.91 (−16.3%)	30% 20/66	+1.0% / +9.8%	−79.1% / −78.2%
Market-State MomentumMichael J. Cooper, Roberto C. Gutierrez Jr. & Allaudeen Hameed · month-end	IN	Jun 28, 2024 +258.0%	Not on one close	36% 8/22	+10.2% / +13.5%	−65.4% / −78.2%
Frog in the PanZhi Da, Umit G. Gurun & Mitch Warachka · daily	IN	Jul 31, 2024 +246.7%	Not on one close	47% 8/17	+8.8% / +9.8%	−53.1% / −78.2%
PMO Signal CrossCarl Swenlin · daily	IN	Oct 13, 2026 0.0%	Exit below C$70.71 (−6.0%)	30% 82/274	−7.2% / +11.5%	−84.1% / −78.2%
Mean reversion
RSI 30/70J. Welles Wilder Jr. · daily	OUT	Aug 26, 2026 +6.7%	Not on one close	70% 21/30	+10.4% / +10.8%	−70.7% / −78.2%
RSI(2) PullbackLarry Connors & Cesar Alvarez · daily	OUT	Sep 3, 2026 +6.4%	Not on one close	60% 97/162	+2.4% / +10.4%	−52.9% / −78.2%
Double 7sLarry Connors & Cesar Alvarez · daily	OUT	Oct 6, 2026 +2.6%	Buy C$64.31–C$69.79 (−7.2%)	67% 157/236	+4.0% / +10.4%	−69.0% / −78.2%
Bollinger ReversionJohn Bollinger · daily	OUT	Jun 15, 2026 +21.6%	Buy below C$64.87 (−13.7%)	68% 92/136	+11.8% / +11.5%	−56.5% / −78.2%
Stochastic 20/80George C. Lane · daily	OUT	Aug 12, 2026 +21.0%	Not on one close	59% 72/122	+11.7% / +11.2%	−74.0% / −78.2%
Williams %RLarry Williams · daily	OUT	Sep 23, 2026 +7.7%	Not on one close	56% 117/210	−2.3% / +10.8%	−84.3% / −78.2%
DeMark 9-CountTom DeMark · daily	IN	Apr 27, 2026 +27.6%	Not on one close	60% 33/55	+11.7% / +11.9%	−64.7% / −78.2%
Mayer MultipleTrace Mayer · daily	IN	Feb 7, 2011 +374.3%	Sell above C$155.44 (+106.7%)	–	+10.4% / +10.4%	−78.2% / −78.2%
ConnorsRSI PullbackLarry Connors & Cesar Alvarez & Matt Radtke · daily	OUT	Feb 3, 2026 +12.1%	Not on one close	62% 21/34	+2.7% / +11.5%	−24.8% / −78.2%
Laguerre RSIJohn F. Ehlers · daily	OUT	Sep 28, 2026 +11.2%	Not on one close	44% 108/248	−4.8% / +12.4%	−78.9% / −78.2%
StochRSI 20/80Tushar S. Chande & Stanley Kroll · daily	OUT	Oct 7, 2026 +5.7%	Not on one close	53% 175/330	+0.6% / +12.4%	−87.6% / −78.2%
IBS ReversionAlexander S. Pagonidis · daily	OUT	Oct 1, 2026 +10.2%	Buy below C$75.19 (0.0%)	58% 868/1498	+16.6% / +12.2%	−57.9% / −78.2%
Connors %bLarry Connors & Cesar Alvarez · daily	OUT	Feb 25, 2026 −2.4%	Not on one close	60% 31/52	+6.2% / +10.4%	−60.0% / −78.2%
Fisher TransformJohn F. Ehlers · daily	IN	Oct 6, 2026 +2.6%	Exit below C$69.82 (−7.1%)	35% 277/800	+1.1% / +13.9%	−85.8% / −78.2%
1-Month ReversalNarasimhan Jegadeesh & Bruce N. Lehmann · month-end	OUT	Aug 31, 2026 +11.0%	Buy below C$70.22 (−6.6%)	69% 74/108	+19.4% / +11.9%	−66.1% / −78.2%
Volume & money flow
On-Balance VolumeJoseph E. Granville · daily	IN	Oct 13, 2026 0.0%	Exit below C$75.19 (0.0%)	24% 127/538	−6.4% / +11.5%	−88.8% / −78.2%
Chaikin Money FlowMarc Chaikin · daily	IN	Oct 13, 2026 0.0%	Not on one close	39% 58/149	−0.4% / +11.8%	−86.7% / −78.2%
Money Flow IndexGene Quong & Avrum Soudack · daily	IN	Mar 25, 2026 +28.6%	Not on one close	62% 29/47	+19.7% / +10.8%	−53.4% / −78.2%
Negative Volume IndexNorman Fosback & Paul Dysart · daily	IN	Nov 5, 2025 +33.0%	Exit below C$50.93 (−32.3%)	28% 15/53	−3.0% / +9.7%	−64.5% / −78.2%
Force IndexAlexander Elder · daily	IN	Oct 6, 2026 +2.6%	Exit below C$71.67 (−4.7%)	24% 132/540	−7.2% / +11.6%	−90.5% / −78.2%
Buff AveragesBuff Dormeier · daily	IN	Oct 5, 2026 +7.7%	Exit below C$54.00 (−28.2%)	30% 92/308	−3.5% / +11.5%	−73.2% / −78.2%
Chaikin OscillatorMarc Chaikin · daily	IN	Oct 6, 2026 +2.6%	Not on one close	37% 150/407	+0.9% / +11.8%	−74.4% / −78.2%
Volume Flow IndicatorMarkos Katsanos · daily	IN	Aug 10, 2026 +22.3%	Not on one close	30% 29/96	+4.1% / +10.4%	−83.4% / −78.2%
Klinger OscillatorStephen J. Klinger · daily	OUT	Sep 24, 2026 +9.3%	Enter above C$73.82 (−1.8%)	33% 209/632	−1.8% / +11.2%	−80.0% / −78.2%
Candles & chart patterns
Engulfing SwitchSteve Nison & Thomas N. Bulkowski · daily	OUT	Aug 28, 2026 +9.9%	Not on one close	49% 54/110	+6.9% / +11.9%	−62.0% / −78.2%
HikkakeDaniel L. Chesler · daily	OUT	Sep 28, 2026 +11.2%	Not on one close	40% 35/88	+2.8% / +11.9%	−61.6% / −78.2%
Turtle Soup Plus OneLinda Bradford Raschke & Larry Connors · daily	OUT	Feb 23, 2024 +455.6%	Not on one close	55% 22/40	+2.1% / +12.1%	−31.1% / −78.2%
Calendar
Halloween IndicatorSven Bouman & Ben Jacobsen & Yale Hirsch & Jeffrey Hirsch · daily	OUT	Apr 30, 2026 +35.1%	Buys Oct 30	58% 19/33	+12.1% / +12.2%	−69.7% / −78.2%
Best Six + MACDYale Hirsch & Jeffrey Hirsch · daily	IN	Oct 6, 2026 +2.6%	Window opens Apr 1	52% 17/33	+7.3% / +13.9%	−81.9% / −78.2%
Seasonal TimingSy Harding · daily	OUT	Apr 22, 2026 +20.4%	Window opens Oct 16	44% 14/32	+6.9% / +13.9%	−82.0% / −78.2%
Santa Claus RallyYale Hirsch & Jeffrey Hirsch · daily	OUT	Jan 5, 2026 +14.0%	Buys Dec 23	50% 16/32	+5.5% / +12.2%	−17.1% / −78.2%
Turn of the MonthJosef Lakonishok & Seymour Smidt & Robert A. Ariel · daily	OUT	Oct 5, 2026 +7.7%	Buys Oct 29	53% 210/396	+10.6% / +12.2%	−50.0% / −78.2%
Presidential Sweet SpotYale Hirsch & Jeffrey Hirsch · daily	IN	Sep 30, 2026 +9.2%	Sells Jun 30	67% 6/9	+6.8% / +12.2%	−51.6% / −78.2%
Pre-HolidayRobert A. Ariel & Josef Lakonishok & Seymour Smidt · daily	OUT	Sep 4, 2026 +8.1%	Buys Nov 24	52% 152/290	+7.2% / +12.2%	−15.9% / −78.2%
January BarometerYale Hirsch & Jeffrey Hirsch · month-end	IN	Dec 30, 2022 +388.1%	Not on one close	25% 3/12	+7.6% / +10.6%	−79.2% / −78.2%
Weekend EffectKenneth French & Josef Lakonishok & Seymour Smidt · daily	IN	Oct 13, 2026 0.0%	Sells Oct 16	51% 869/1719	+11.4% / +12.2%	−87.1% / −78.2%
Pre-FOMC DriftDavid Lucca & Emanuel Moench · daily	OUT	Sep 16, 2026 +14.0%	Buys Oct 27	50% 130/262	+5.6% / +12.2%	−25.6% / −78.2%
Lunar CycleKathy Yuan, Lu Zheng & Qiaoqiao Zhu · daily	IN	Oct 2, 2026 +7.9%	Sells Oct 16	48% 195/407	+4.2% / +12.2%	−76.9% / −78.2%
Benchmark
Buy & HoldJohn C. Bogle · benchmark	IN	Apr 20, 2010	Always in	–	+12.3%	−78.2%

If the market cracks: the storm test

How the storm test works

ExposureHigh6 of 10 points

Market swings2/3
Past crashes2/2
Debt0/3
Run-up2/2

It moves about 2.1× its index.
It fell about 2.0× as far as its index in past crashes.
It is up 160% in two years, a run-up size that crashed about half the time in history.

Past crashes, peak to low

COVID crash Feb 2020 to Mar 2020 · back to its old high Apr 2020

TXG−46%

TSX−37%

2022 bear market Jan 2022 to Sep 2022 · back to its old high Dec 2022

TXG−39%

TSX−14%

Beta2.07Moves about 2.1× as much as the TSX week to week.
Downside capture−61%In months the TSX fell, this fell -61% as much on average (it often rose anyway).
Two-year change+160%Run-ups of 100%+ crashed 40% or more within two years about half the time (Greenwood, Shleifer & You).
From 52-week high−9%
Debt to equity0.04×
Net debt / EBITDANet cashHolds more cash than debt.
Interest cover71.6×

A crash marks every stock down; debt decides which companies come through. The storm test scores both halves: how hard the stock swings with the market, and how much debt it carries into a downturn. It describes fragility; it does not predict a crash.

The business behind the price

How to judge these numbers

Gold · Torex Gold Resources Inc., a mineral exploration company, engages in the acquisition, exploration, and development of mineral properties in Mexico and the United States. The company explores for gold, copper, silver, and carbon deposits. Its flagship project is a 100% owned Morelos Complex covering an area of 29,000 hectares located in Guerrero, Mexico. The company was formerly known as Gleichen Resources Ltd. and changed its name to Torex Gold Resources Inc. in April 2010. Torex Gold Resources Inc.

Size and valuation
Market cap	C$7.0B	What the whole company is worth at today's price: share price × shares outstanding.
Revenue (last 12 months)	$1.8B	Total sales.
P/E ratio	8.4×	Buyers pay C$8 for each C$1 of the last year's profit.
Forward P/E	7.4×	Price against analysts' estimate of next year's profit. Lower than the P/E means profit is expected to grow.
Price to book	1.9×	Price against the company's net assets (its equity) per share.

Profit and growth
Profit margin	33.0%	Keeps 33¢ of each dollar of sales as profit.
Revenue growth	+60.3%	Last quarter's sales against the same quarter a year earlier.
Earnings growth	+26.5%	Same comparison for profit.
Return on equity	27.8%	Yearly profit as a share of shareholders' money in the business.
Free cash flow	$618M	Cash left after running and investing in the business.

Balance sheet
Total equity	$2.4B	What it owns minus what it owes.
Total debt	$99.4M	Loans and bonds it has to pay back, with interest.
Cash	$169M	Cash and short-term investments on hand.
Debt to equity	0.04×	Comfortable.
Interest cover	71.6×	Interest is easily paid from profit.

Wall Street
Average analyst target	C$93.70	25% above the close, from 10 analysts (range C$86.00 to C$105.00).
Consensus rating	Strong buy	Analysts' average recommendation. Ratings lean positive: sell ratings are rare.
Dividend yield	0.87%	Yearly dividends as a share of the price.

Company figures from Yahoo Finance, fetched Oct 14, 2026. Analyst targets are opinions, not forecasts Be The Puck checks.

Reports for Be The Puck Members.

TXG: the briefWhat the plays, the levels and the business say, in plain English. Rebuilt nightly.Members Metals & mining: what the plays sayEvery covered name in the sector, side by side.Members Debt decides who survives a crashThe storm test on every covered stock.Members Is this a bubble?The gauges in October 2026, and what history says about timing.Members

Another stock

Email me Test a theory