Torex Gold Resources Inc. (TSE:TXG - Free Report) - Cormark upped their Q1 2025 earnings per share (EPS) estimates for shares of Torex Gold Resources in a research note issued on Thursday, December 19th. Cormark analyst R. Gray now anticipates that the company will earn $0.60 per share for the quarter, up from their prior estimate of $0.59. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. Cormark also issued estimates for Torex Gold Resources' Q2 2025 earnings at $1.16 EPS, Q3 2025 earnings at $1.19 EPS and Q4 2025 earnings at $1.19 EPS.
Torex Gold Resources (TSE:TXG - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.82 by C$0.20. The business had revenue of C$427.96 million during the quarter. Torex Gold Resources had a net margin of 11.16% and a return on equity of 7.12%.
A number of other brokerages have also recently issued reports on TXG. CIBC lifted their price target on shares of Torex Gold Resources from C$33.00 to C$34.50 in a research report on Monday, December 2nd. Scotiabank boosted their target price on Torex Gold Resources from C$33.00 to C$37.00 in a report on Thursday, November 21st. TD Securities raised their price target on Torex Gold Resources from C$34.00 to C$38.00 in a report on Friday, October 18th. BMO Capital Markets increased their price objective on shares of Torex Gold Resources from C$29.00 to C$30.00 and gave the company an "outperform" rating in a research report on Tuesday, September 10th. Finally, Royal Bank of Canada upped their target price on shares of Torex Gold Resources from C$34.00 to C$37.00 in a research note on Friday, December 6th. Four analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, Torex Gold Resources presently has a consensus rating of "Buy" and an average price target of C$34.03.
Get Our Latest Research Report on TXG
Torex Gold Resources Trading Down 0.2 %
Torex Gold Resources stock traded down C$0.06 during trading hours on Monday, reaching C$28.14. The company had a trading volume of 149,320 shares, compared to its average volume of 270,103. The firm has a market cap of C$2.42 billion, a price-to-earnings ratio of 16.95, a P/E/G ratio of 0.02 and a beta of 1.34. Torex Gold Resources has a 12-month low of C$12.79 and a 12-month high of C$32.75. The company has a debt-to-equity ratio of 7.32, a current ratio of 1.09 and a quick ratio of 2.12. The company has a 50-day moving average price of C$29.28 and a 200 day moving average price of C$25.39.
About Torex Gold Resources
(
Get Free Report)
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.
See Also
Before you consider Torex Gold Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Torex Gold Resources wasn't on the list.
While Torex Gold Resources currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
