Torex Gold Resources Inc (TSE:TXG) – Investment analysts at Clarus Securities increased their FY2019 earnings per share (EPS) estimates for Torex Gold Resources in a research report issued to clients and investors on Wednesday. Clarus Securities analyst J. Spratt now anticipates that the company will earn $1.48 per share for the year, up from their prior estimate of $0.93. Clarus Securities has a “Speculative Buy” rating on the stock.
Torex Gold Resources (TSE:TXG) last announced its quarterly earnings data on Thursday, November 9th. The company reported C($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of C$0.20 by C($0.22). Torex Gold Resources had a net margin of 5.89% and a return on equity of 2.92%.
Torex Gold Resources (TSE:TXG) traded down C$0.07 during trading on Monday, reaching C$12.46. The company had a trading volume of 413,772 shares, compared to its average volume of 632,731. The firm has a market capitalization of $994.98, a price-to-earnings ratio of 16.84 and a beta of -1.80. Torex Gold Resources has a 12-month low of C$10.12 and a 12-month high of C$33.85.
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Torex Gold Resources Company Profile
Torex Gold Resources Inc is a Canada-based resource company. The Company operates through the segment of mineral exploration and mine development and operation in Mexico. The Company is engaged in the exploration, development and operation of the Morelos Gold Property. The Morelos Gold Property is located in the Guerrero Gold Belt in southern Mexico, approximately 180 kilometers to the southwest of Mexico City and 50 kilometers southwest of Iguala.
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