Torex Gold Resources Inc. (TSE:TXG - Free Report) - Research analysts at Raymond James decreased their Q2 2025 EPS estimates for shares of Torex Gold Resources in a research note issued on Monday, January 6th. Raymond James analyst C. Stanley now anticipates that the company will earn $0.80 per share for the quarter, down from their previous estimate of $0.88. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. Raymond James also issued estimates for Torex Gold Resources' FY2025 earnings at $3.48 EPS.
Other equities analysts have also recently issued research reports about the company. BMO Capital Markets lifted their price objective on Torex Gold Resources from C$29.00 to C$30.00 and gave the company an "outperform" rating in a research note on Tuesday, September 10th. National Bank Financial upgraded shares of Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 9th. Scotiabank raised their price target on Torex Gold Resources from C$33.00 to C$37.00 in a research note on Thursday, November 21st. National Bankshares raised Torex Gold Resources from a "sector perform" rating to an "outperform" rating and upped their price objective for the stock from C$31.25 to C$37.75 in a research report on Thursday, October 10th. Finally, TD Securities raised their target price on Torex Gold Resources from C$34.00 to C$38.00 in a research report on Friday, October 18th. Four investment analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of C$34.81.
View Our Latest Report on Torex Gold Resources
Torex Gold Resources Stock Up 2.9 %
TXG traded up C$0.82 during trading hours on Wednesday, hitting C$29.04. 237,030 shares of the company's stock were exchanged, compared to its average volume of 181,259. The firm has a market cap of C$2.50 billion, a P/E ratio of 17.49, a price-to-earnings-growth 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 current ratio of 1.09, a quick ratio of 2.12 and a debt-to-equity ratio of 7.32. The firm has a 50 day moving average of C$28.86 and a 200 day moving average of C$25.98.
Torex Gold Resources (TSE:TXG - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported C$1.02 EPS for the quarter, topping 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 return on equity of 7.12% and a net margin of 11.16%.
About Torex Gold Resources
(
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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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