Torex Gold Resources Inc. (TSE:TXG - Free Report) - Equities research analysts at Raymond James lifted their Q3 2025 EPS estimates for shares of Torex Gold Resources in a report issued on Wednesday, January 15th. Raymond James analyst C. Stanley now expects that the company will post earnings per share of $1.21 for the quarter, up from their prior forecast of $1.06. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share.
Several other analysts have also recently commented on TXG. TD Securities lifted their target price on shares of Torex Gold Resources from C$34.00 to C$38.00 in a research note on Friday, October 18th. National Bankshares raised Torex Gold Resources from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from C$31.25 to C$37.75 in a research report on Thursday, October 10th. National Bank Financial upgraded Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, October 9th. Scotiabank lifted their price target on Torex Gold Resources from C$33.00 to C$37.00 in a report on Thursday, November 21st. Finally, Royal Bank of Canada increased their price objective on shares of Torex Gold Resources from C$34.00 to C$37.00 in a report on Friday, December 6th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average price target of C$34.81.
Check Out Our Latest Analysis on TXG
Torex Gold Resources Trading Up 0.9 %
Shares of TSE TXG traded up C$0.26 during midday trading on Friday, reaching C$27.97. 271,753 shares of the stock were exchanged, compared to its average volume of 224,570. The stock has a 50 day moving average price of C$28.69 and a 200-day moving average price of C$26.35. The company has a current ratio of 1.09, a quick ratio of 2.12 and a debt-to-equity ratio of 7.32. The company has a market capitalization of C$2.40 billion, a P/E ratio of 16.85, a P/E/G ratio of 0.02 and a beta of 1.34. Torex Gold Resources has a 52-week low of C$12.79 and a 52-week high of C$32.75.
Torex Gold Resources (TSE:TXG - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share for the quarter, topping analysts' consensus estimates of C$0.82 by C$0.20. The company had revenue of C$427.96 million during the quarter. Torex Gold Resources had a return on equity of 7.12% and a net margin of 11.16%.
Torex Gold Resources Company Profile
(
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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.
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