Cormark Raises Earnings Estimates for Torex Gold Resources

Torex Gold Resources Inc. (TSE:TXG) – Investment analysts at Cormark increased their Q2 2025 earnings estimates for shares of Torex Gold Resources in a research note issued to investors on Monday, May 5th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $1.39 for the quarter, up from their previous forecast of $0.97. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share. Cormark also issued estimates for Torex Gold Resources’ Q3 2025 earnings at $1.58 EPS, Q4 2025 earnings at $1.60 EPS and FY2025 earnings at $4.90 EPS.

Other equities analysts have also recently issued research reports about the stock. BMO Capital Markets boosted their price objective on shares of Torex Gold Resources from C$44.00 to C$56.00 in a research note on Friday, May 2nd. TD Securities increased their price objective on Torex Gold Resources from C$39.00 to C$57.00 in a research note on Tuesday, April 15th. Cibc World Mkts upgraded Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 14th. Raymond James raised their price objective on shares of Torex Gold Resources from C$34.00 to C$47.00 in a report on Friday, April 4th. Finally, Desjardins restated a “buy” rating on shares of Torex Gold Resources in a report on Thursday, April 24th. Six analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of C$47.19.

Torex Gold Resources Trading Up 0.2 %

TSE:TXG opened at C$44.56 on Thursday. The stock’s fifty day moving average price is C$40.09 and its two-hundred day moving average price is C$33.45. The company has a market cap of C$2.70 billion, a P/E ratio of 23.96, a P/E/G ratio of 0.02 and a beta of 1.34. The company has a debt-to-equity ratio of 8.09, a current ratio of 1.00 and a quick ratio of 2.12. Torex Gold Resources has a 1 year low of C$19.01 and a 1 year high of C$49.07.

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.