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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Torex Gold Resources's retained earnings for the quarter that ended in Mar. 2026 was C$1,530 Mil.
Torex Gold Resources's quarterly retained earnings
increased
from Sep. 2025 (C$1,193 Mil) to Dec. 2025 (C$1,379 Mil) and
increased
from Dec. 2025 (C$1,379 Mil) to Mar. 2026 (C$1,530 Mil).
Torex Gold Resources's annual retained earnings
increased
from Dec. 2023 (C$665 Mil) to Dec. 2024 (C$898 Mil) and
increased
from Dec. 2024 (C$898 Mil) to Dec. 2025 (C$1,379 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Torex Gold Resources Retained Earnings Historical Data
* Premium members only.
The historical data trend for Torex Gold Resources's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of C$1,530 Mil mean?
Torex Gold Resources (LTS:0VL5) has a Retained Earnings of C$1,530 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Torex Gold Resources and its competitors.
Is Torex Gold Resources' Retained Earnings too high?
Torex Gold Resources' current Retained Earnings is C$1,530 Mil. Overall, Torex Gold Resources has a GF Score™ of 94/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Torex Gold Resources' Retained Earnings compare to NEM and AU?
Torex Gold Resources' Retained Earnings of C$1,530 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Torex Gold Resources and its competitors. Torex Gold Resources's current Retained Earnings is C$1,530 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Torex Gold Resources stock overvalued right now?
Based on GuruFocus' analysis, Torex Gold Resources (LTS:0VL5) is currently considered Modestly Overvalued. The stock's GF Value™ is C$47.95, compared to a current price of C$53.59 — trading 11.8% above its estimated fair value. The current Retained Earnings is C$1,530 Mil. Torex Gold Resources' overall GF Score™ is 94/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Torex Gold Resources (LTS:0VL5), the current Retained Earnings is C$1,530 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Torex Gold Resources (LTS:0VL5) Overvalued in 2026?
Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued.
The current stock price of C$53.59 is trading 11.8% above its estimated GF Value™ of C$47.95.
GuruFocus considers Torex Gold Resources to be Modestly Overvalued.
Key valuation signals for LTS:0VL5:
Retained Earnings: C$1,530 Mil
GF Value™: C$47.95 vs. price of C$53.59 (11.8% above fair value)
No single metric tells the full story. See the LTS:0VL5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, Mexico. It also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and has acquired a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Gryphon and Medicine Springs projects in Nevada, USA. The majority of the company's revenue is generated from the sale of gold, followed by silver and copper.
94GF Score
Get the complete analysis for LTS:0VL5
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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