Brokers Offer Predictions for TSE:TXG FY2025 Earnings

Torex Gold Resources Inc. (TSE:TXG) – Research analysts at National Bank Financial reduced their FY2025 earnings per share (EPS) estimates for Torex Gold Resources in a report released on Tuesday, February 25th. National Bank Financial analyst D. Demarco now forecasts 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 research analysts have also commented on TXG. CIBC boosted their price objective on Torex Gold Resources from C$36.00 to C$42.00 in a report on Friday, February 21st. BMO Capital Markets raised their price target on shares of Torex Gold Resources from C$36.00 to C$38.00 in a report on Thursday, February 20th. Scotiabank lifted their price target on Torex Gold Resources from C$33.00 to C$37.00 in a research report on Thursday, November 21st. Raymond James upped their price target on Torex Gold Resources from C$33.00 to C$34.00 in a research note on Tuesday, January 7th. Finally, Royal Bank of Canada lifted their target price 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 given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of C$36.53.

Torex Gold Resources Price Performance

Shares of TSE TXG opened at C$31.66 on Friday. The stock’s 50-day simple moving average is C$30.45 and its two-hundred day simple moving average is C$28.40. Torex Gold Resources has a twelve month low of C$13.49 and a twelve month high of C$35.89. The firm has a market capitalization of C$1.92 billion, a P/E ratio of 17.02, a P/E/G ratio of 0.02 and a beta of 1.34. The company has a quick ratio of 2.12, a current ratio of 1.00 and a debt-to-equity ratio of 8.09.

Insiders Place Their Bets

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

About Torex Gold Resources

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.