Q1 EPS Estimates for Torex Gold Resources Lifted by Cormark

Torex Gold Resources Inc. (TSE:TXG) – Analysts at Cormark raised their Q1 2025 earnings per share estimates for Torex Gold Resources in a report released on Thursday, December 19th. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.60 for the quarter, up from their previous 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.

Other equities analysts also recently issued reports about the company. 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 objective on Torex Gold Resources from C$33.00 to C$37.00 in a research report on Thursday, November 21st. CIBC increased their target price on shares of Torex Gold Resources from C$33.00 to C$34.50 in a report on Monday, December 2nd. TD Securities lifted their price target on shares of Torex Gold Resources from C$34.00 to C$38.00 in a report on Friday, October 18th. 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 research note on Friday, December 6th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$34.03.

Torex Gold Resources Trading Down 0.2 %

Shares of TXG stock opened at C$28.09 on Monday. 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 market cap of C$2.42 billion, a price-to-earnings ratio of 16.92, a PEG ratio of 0.02 and a beta of 1.34. Torex Gold Resources has a 1 year low of C$12.79 and a 1 year high of C$32.75. The firm has a fifty day moving average price of C$29.25 and a 200-day moving average price of C$25.43.

Torex Gold Resources (TSE:TXG) last announced its earnings results on Wednesday, November 6th. The company reported C$1.02 EPS for the quarter, beating analysts’ consensus estimates of C$0.82 by C$0.20. Torex Gold Resources had a net margin of 11.16% and a return on equity of 7.12%. The business had revenue of C$427.96 million during the quarter.

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.