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

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

Torex Gold Resources (TSE:TXGGet Free Report) last posted its quarterly 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. Torex Gold Resources had a return on equity of 12.37% and a net margin of 20.14%. The company had revenue of C$318.84 million during the quarter.

Several other brokerages also recently issued reports on TXG. Raymond James set a C$27.00 price objective on Torex Gold Resources and gave the company an “outperform” rating in a research report on Friday. Scotiabank boosted their target price on Torex Gold Resources from C$23.00 to C$25.00 in a research report on Thursday, May 23rd. Canaccord Genuity Group upped their price objective on Torex Gold Resources from C$26.25 to C$28.50 in a report on Tuesday, April 23rd. National Bankshares increased their price target on Torex Gold Resources from C$27.00 to C$27.50 and gave the company a “sector perform” rating in a research report on Monday. Finally, CIBC increased 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 assigned a buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of C$25.89.

View Our Latest Research Report on Torex Gold Resources

Torex Gold Resources Price Performance

Shares of TSE:TXG opened at C$21.49 on Tuesday. The business’s 50 day moving average is C$20.25 and its 200-day moving average is C$16.88. 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 firm has a market capitalization of C$1.85 billion, a PE ratio of 7.70, a PEG ratio of 0.02 and a beta of 1.33. Torex Gold Resources has a 1-year low of C$12.40 and a 1-year high of C$22.56.

About Torex Gold Resources

(Get Free Report)

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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