FY2025 EPS Estimate for Torex Gold Resources Cut by Analyst

Torex Gold Resources Inc. (TSE:TXG) – Equities researchers at Scotiabank cut their FY2025 earnings per share (EPS) estimates for Torex Gold Resources in a report released on Friday, January 23rd. Scotiabank analyst E. Winmill now forecasts that the company will post earnings of $4.77 per share for the year, down from their prior forecast of $5.02. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share. Scotiabank also issued estimates for Torex Gold Resources’ FY2026 earnings at $6.51 EPS.

Other research analysts have also issued reports about the company. Royal Bank Of Canada upped their price objective on Torex Gold Resources from C$77.00 to C$94.00 in a report on Wednesday, December 10th. Canaccord Genuity Group boosted their target price on shares of Torex Gold Resources from C$64.00 to C$77.00 in a research report on Thursday, October 2nd. TD Securities upped their price target on shares of Torex Gold Resources from C$78.00 to C$96.00 in a research note on Thursday. National Bankshares lowered their price target on shares of Torex Gold Resources from C$90.00 to C$85.00 and set an “outperform” rating on the stock in a research report on Tuesday, December 9th. Finally, CIBC lifted their price objective on shares of Torex Gold Resources from C$66.00 to C$90.00 and gave the stock an “outperform” rating in a research note on Thursday, October 23rd. One investment analyst has rated the stock with a Strong Buy rating and five have issued a Buy rating to the company. According to data from MarketBeat.com, Torex Gold Resources presently has a consensus rating of “Buy” and a consensus target price of C$72.60.

Torex Gold Resources Price Performance

Shares of TSE TXG opened at C$80.01 on Monday. The firm has a market cap of C$7.70 billion, a P/E ratio of 23.53, a price-to-earnings-growth ratio of 0.02 and a beta of 1.28. The business’s 50 day moving average is C$66.79 and its 200-day moving average is C$56.98. The company has a current ratio of 1.00, a quick ratio of 2.12 and a debt-to-equity ratio of 8.09. Torex Gold Resources has a 1-year low of C$28.97 and a 1-year high of C$81.36.

Torex Gold Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Thursday, December 4th were paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date was Thursday, November 20th.

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. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project, which is at an advanced stage of exploration.