National Bank Financial Estimates TSE:TXG FY2025 Earnings

Torex Gold Resources Inc. (TSE:TXG - Free Report) - National Bank Financial reduced their FY2025 earnings per share estimates for Torex Gold Resources in a note issued to investors on Tuesday, February 25th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $3.64 for the year, down from their prior estimate of $3.96. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. National Bank Financial also issued estimates for Torex Gold Resources' FY2025 earnings at $3.64 EPS.

Several other equities research analysts have also recently weighed in on TXG. Raymond James increased their price target on shares of Torex Gold Resources from C$33.00 to C$34.00 in a research report on Tuesday, January 7th. Royal Bank of Canada upped their price target on Torex Gold Resources from C$34.00 to C$37.00 in a research report on Friday, December 6th. BMO Capital Markets increased their price objective on Torex Gold Resources from C$36.00 to C$38.00 in a report on Thursday, February 20th. Scotiabank boosted their target price on Torex Gold Resources from C$33.00 to C$37.00 in a research note on Thursday, November 21st. Finally, CIBC raised their price target on Torex Gold Resources from C$36.00 to C$42.00 in a research note on Friday, February 21st. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Torex Gold Resources presently has an average rating of "Buy" and a consensus price target of C$36.53.

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Torex Gold Resources Trading Down 0.7 %

Shares of TSE:TXG traded down C$0.23 during trading on Friday, reaching C$31.67. 360,463 shares of the company traded hands, compared to its average volume of 276,248. The company has a current ratio of 1.00, a quick ratio of 2.12 and a debt-to-equity ratio of 8.09. Torex Gold Resources has a 52-week low of C$16.08 and a 52-week high of C$35.89. The firm has a market capitalization of C$1.92 billion, a price-to-earnings ratio of 17.03, a P/E/G ratio of 0.02 and a beta of 1.34. The business's fifty day moving average is C$30.59 and its 200-day moving average is C$28.61.

Insider Activity

In related news, Director Caroline Donally purchased 1,000 shares of the company's stock in a transaction dated Monday, January 20th. The shares were purchased at an average cost of C$27.91 per share, with a total value of C$27,908.00. Also, Senior Officer Faysal Abhem Rodriguez Valenzuela sold 5,623 shares of the company's stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of C$28.97, for a total value of C$162,898.31. Company insiders own 0.35% of the company's stock.

Torex Gold Resources Company Profile

Torex Gold Resources Inc operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City.