FY2025 EPS Estimates for TSE:TXG Increased by Analyst

Torex Gold Resources Inc. (TSE:TXG) – Stock analysts at National Bank Financial lifted their FY2025 earnings per share (EPS) estimates for shares of Torex Gold Resources in a research note issued on Tuesday, July 15th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $5.00 for the year, up from their prior forecast of $4.36. 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’ FY2026 earnings at $7.01 EPS.

Several other equities analysts have also recently weighed in on TXG. Cormark raised their price target on shares of Torex Gold Resources from C$46.00 to C$55.00 in a research report on Monday, April 14th. BMO Capital Markets raised their target price on Torex Gold Resources from C$44.00 to C$56.00 in a report on Friday, May 2nd. Scotiabank lifted their target price on Torex Gold Resources from C$48.00 to C$50.00 and gave the company an “outperform” rating in a research report on Wednesday, June 4th. TD Securities increased their price target on Torex Gold Resources from C$39.00 to C$57.00 in a research report on Tuesday, April 15th. Finally, Royal Bank Of Canada lifted their price objective on shares of Torex Gold Resources from C$60.00 to C$65.00 in a report on Thursday, June 12th. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Torex Gold Resources presently has a consensus rating of “Buy” and an average target price of C$55.00.

Torex Gold Resources Stock Up 0.1%

Shares of Torex Gold Resources stock traded up C$0.03 during trading hours on Friday, reaching C$42.52. The company’s stock had a trading volume of 5,208 shares, compared to its average volume of 314,763. The company has a market capitalization of C$2.58 billion, a P/E ratio of 22.86, a P/E/G ratio of 0.02 and a beta of 1.34. The stock’s fifty day simple moving average is C$44.15 and its two-hundred day simple moving average is C$38.46. Torex Gold Resources has a one year low of C$19.01 and a one year high of C$49.25. The company has a debt-to-equity ratio of 8.09, a quick ratio of 2.12 and a current ratio of 1.00.

About Torex Gold Resources

Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala.