Q1 EPS Estimate for Torex Gold Resources Raised by Analyst

Torex Gold Resources Inc. (TSE:TXG) – Stock analysts at Cormark raised their Q1 2025 earnings per share (EPS) estimates for Torex Gold Resources in a research note issued on Thursday, December 19th. Cormark analyst R. Gray now anticipates that the company will earn $0.60 per share for the quarter, up from their previous forecast of $0.59. 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 $1.16 EPS, Q3 2025 earnings at $1.19 EPS and Q4 2025 earnings at $1.19 EPS.

Other equities research analysts have also recently issued reports about the company. Scotiabank increased their price target on Torex Gold Resources from C$33.00 to C$37.00 in a research note on Thursday, November 21st. National Bankshares upgraded shares of Torex Gold Resources from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from C$31.25 to C$37.75 in a research note on Thursday, October 10th. CIBC boosted their target price on shares of Torex Gold Resources from C$33.00 to C$34.50 in a research report on Monday, December 2nd. BMO Capital Markets raised their price target on shares of Torex Gold Resources from C$29.00 to C$30.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Finally, National Bank Financial raised shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 9th. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$34.03.

Torex Gold Resources Stock Down 0.2 %

TSE:TXG opened at C$28.14 on Monday. The company’s 50-day simple moving average is C$29.27 and its 200-day simple moving average is C$25.41. The company has a debt-to-equity ratio of 7.32, a quick ratio of 2.12 and a current ratio of 1.09. Torex Gold Resources has a fifty-two week low of C$12.79 and a fifty-two week high of C$32.75. The stock has a market capitalization of C$2.42 billion, a P/E ratio of 16.95, a P/E/G ratio of 0.02 and a beta of 1.34.

Torex Gold Resources (TSE:TXG) last announced its earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share (EPS) 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 business had revenue of C$427.96 million for the quarter.

About Torex Gold Resources

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.