Desjardins Expects Weaker Earnings for Torex Gold Resources

Torex Gold Resources Inc. (TSE:TXG) – Stock analysts at Desjardins reduced their Q2 2025 earnings estimates for Torex Gold Resources in a research report issued on Wednesday, May 7th. Desjardins analyst A. Carson now forecasts that the company will post earnings per share of $0.67 for the quarter, down from their previous forecast of $0.74. Desjardins has a “Buy” rating on the stock. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share. Desjardins also issued estimates for Torex Gold Resources’ Q4 2025 earnings at $0.98 EPS and FY2025 earnings at $3.16 EPS.

TXG has been the topic of several other reports. Raymond James boosted their price objective on Torex Gold Resources from C$34.00 to C$47.00 in a research report on Friday, April 4th. TD Securities upped their price target on Torex Gold Resources from C$39.00 to C$57.00 in a research note on Tuesday, April 15th. Royal Bank of Canada lifted their price objective on shares of Torex Gold Resources from C$44.00 to C$45.00 in a research report on Friday, April 4th. BMO Capital Markets upped their target price on shares of Torex Gold Resources from C$44.00 to C$56.00 in a research report on Friday, May 2nd. Finally, Cibc World Mkts upgraded shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a report on Monday, April 14th. Six investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of C$47.19.

Torex Gold Resources Trading Up 0.2 %

TXG opened at C$44.56 on Friday. The company has a quick ratio of 2.12, a current ratio of 1.00 and a debt-to-equity ratio of 8.09. Torex Gold Resources has a 52 week low of C$19.01 and a 52 week high of C$49.07. The business has a 50 day moving average of C$40.09 and a 200-day moving average of C$33.45. The stock has a market cap of C$2.70 billion, a PE ratio of 23.96, a PEG ratio of 0.02 and a beta of 1.34.

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.