Q1 Earnings Forecast for TSE:TXG Issued By Cormark

Torex Gold Resources Inc. (TSE:TXG) – Equities researchers at Cormark issued their Q1 2025 earnings estimates for shares of Torex Gold Resources in a research note issued to investors on Wednesday, December 4th. Cormark analyst R. Gray anticipates that the company will post earnings of $0.59 per share for the quarter. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share. Cormark also issued estimates for Torex Gold Resources’ Q2 2025 earnings at $1.15 EPS, Q3 2025 earnings at $1.18 EPS, Q4 2025 earnings at $1.18 EPS and FY2025 earnings at $4.09 EPS.

TXG has been the subject of a number of other research reports. National Bankshares upgraded Torex Gold Resources from a “sector perform” rating to an “outperform” rating and lifted their price objective for the stock from C$31.25 to C$37.75 in a research report on Thursday, October 10th. BMO Capital Markets boosted their price objective on shares of Torex Gold Resources from C$29.00 to C$30.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. National Bank Financial upgraded Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 9th. TD Securities lifted their price target on shares of Torex Gold Resources from C$34.00 to C$38.00 in a research note on Friday, October 18th. Finally, Scotiabank raised their price target on shares of Torex Gold Resources from C$33.00 to C$37.00 in a research report on Thursday, November 21st. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, Torex Gold Resources currently has an average rating of “Buy” and a consensus price target of C$34.03.

Torex Gold Resources Trading Down 11.8 %

Shares of TXG opened at C$28.15 on Friday. Torex Gold Resources has a 1-year low of C$12.79 and a 1-year high of C$32.75. The stock has a market cap of C$2.42 billion, a price-to-earnings ratio of 16.96, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The firm has a 50 day simple moving average of C$28.92 and a 200-day simple moving average of C$24.84. The company has a debt-to-equity ratio of 7.32, a current ratio of 1.09 and a quick ratio of 2.12.

Torex Gold Resources (TSE:TXG) last posted its earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share for the quarter, beating the consensus estimate of C$0.82 by C$0.20. Torex Gold Resources had a return on equity of 7.12% and a net margin of 11.16%. The company had revenue of C$427.96 million for the quarter.

Torex Gold Resources Company Profile

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.