Raymond James Has Negative Forecast for TSE:TXG Q2 Earnings

Torex Gold Resources Inc. (TSE:TXG) – Investment analysts at Raymond James cut their Q2 2025 earnings per share (EPS) estimates for Torex Gold Resources in a research note issued on Monday, January 6th. Raymond James analyst C. Stanley now forecasts that the company will post earnings per share of $0.80 for the quarter, down from their prior forecast of $0.88. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share. Raymond James also issued estimates for Torex Gold Resources’ FY2025 earnings at $3.48 EPS.

Other equities analysts also recently issued research reports about the company. Royal Bank of Canada increased their price target on Torex Gold Resources from C$34.00 to C$37.00 in a research report on Friday, December 6th. TD Securities upped their price objective on Torex Gold Resources from C$34.00 to C$38.00 in a research note on Friday, October 18th. National Bankshares upgraded shares of Torex Gold Resources from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from C$31.25 to C$37.75 in a report on Thursday, October 10th. National Bank Financial raised shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, CIBC raised their target price on shares of Torex Gold Resources from C$33.00 to C$34.50 in a research note on Monday, December 2nd. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$34.81.

Torex Gold Resources Stock Performance

TXG stock opened at C$29.04 on Wednesday. Torex Gold Resources has a twelve month low of C$12.79 and a twelve month high of C$32.75. The business’s fifty day simple moving average is C$28.86 and its two-hundred day simple moving average is C$25.98. The firm has a market cap of C$2.50 billion, a price-to-earnings ratio of 17.49, a PEG ratio of 0.02 and a beta of 1.34. The company has a quick ratio of 2.12, a current ratio of 1.09 and a debt-to-equity ratio of 7.32.

Torex Gold Resources (TSE:TXG) last posted its quarterly earnings data on Wednesday, November 6th. The company reported C$1.02 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.82 by C$0.20. Torex Gold Resources had a net margin of 11.16% and a return on equity of 7.12%. 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.