FY2025 Earnings Estimate for Torex Gold Resources Inc. Issued By National Bank Financial (TSE:TXG)

Torex Gold Resources Inc. (TSE:TXGFree Report) – Equities research analysts at National Bank Financial boosted their FY2025 earnings per share (EPS) estimates for shares of Torex Gold Resources in a research report issued on Sunday, June 9th. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings per share of $3.06 for the year, up from their prior estimate of $2.96. The consensus estimate for Torex Gold Resources’ current full-year earnings is $2.59 per share.

A number of other equities analysts also recently issued reports on the company. Canaccord Genuity Group raised their price objective on Torex Gold Resources from C$26.25 to C$28.50 in a research report on Tuesday, April 23rd. Scotiabank raised their target price on Torex Gold Resources from C$23.00 to C$25.00 in a research note on Thursday, May 23rd. Raymond James set a C$27.00 target price on Torex Gold Resources and gave the stock an “outperform” rating in a research note on Friday. National Bankshares raised their target price on Torex Gold Resources from C$27.00 to C$27.50 and gave the stock a “sector perform” rating in a research note on Monday. Finally, CIBC raised their target price on Torex Gold Resources from C$21.00 to C$23.00 in a research note on Monday, April 15th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$25.89.

Read Our Latest Stock Analysis on Torex Gold Resources

Torex Gold Resources Price Performance

Torex Gold Resources stock opened at C$21.49 on Tuesday. The company has a current ratio of 1.07, a quick ratio of 2.12 and a debt-to-equity ratio of 2.86. The company has a market capitalization of C$1.85 billion, a PE ratio of 7.70, a P/E/G ratio of 0.02 and a beta of 1.33. Torex Gold Resources has a 12 month low of C$12.40 and a 12 month high of C$22.56. The stock has a 50-day moving average price of C$20.25 and a two-hundred day moving average price of C$16.88.

Torex Gold Resources (TSE:TXGGet Free Report) last posted its earnings results on Wednesday, May 8th. The company reported C$0.57 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.52 by C$0.05. The business had revenue of C$318.84 million for the quarter. Torex Gold Resources had a return on equity of 12.37% and a net margin of 20.14%.

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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Earnings History and Estimates for Torex Gold Resources (TSE:TXG)

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