Research Analysts Set Expectations for TSE:TXG Q2 Earnings


Research Analysts Set Expectations for TSE:TXG Q2 Earnings

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Analysts at Raymond James dropped their Q2 2025 EPS estimates for Torex Gold Resources in a research report issued on Monday, January 6th. Raymond James analyst C. Stanley now expects that the company will post earnings of $0.80 per share for the quarter, down from their previous 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.

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

A number of other brokerages also recently issued reports on TXG. BMO Capital Markets increased their price target on shares of Torex Gold Resources from C$29.00 to C$30.00 and gave the company an "outperform" rating in a report on Tuesday, September 10th. CIBC lifted their price target on shares of Torex Gold Resources from C$33.00 to C$34.50 in a research report on Monday, December 2nd. National Bankshares upgraded Torex Gold Resources from a "sector perform" rating to an "outperform" rating and upped their price target for the stock from C$31.25 to C$37.75 in a report on Thursday, October 10th. National Bank Financial raised Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 9th. Finally, Scotiabank upped their target price on Torex Gold Resources from C$33.00 to C$37.00 in a report on Thursday, November 21st. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of C$34.81.

Check Out Our Latest Stock Report on TXG

TSE:TXG opened at C$28.22 on Wednesday. Torex Gold Resources has a 1 year low of C$12.79 and a 1 year high of C$32.75. The company has a debt-to-equity ratio of 7.32, a quick ratio of 2.12 and a current ratio of 1.09. The stock has a fifty day moving average price of C$28.89 and a two-hundred day moving average price of C$25.92. The stock has a market capitalization of C$2.43 billion, a price-to-earnings ratio of 17.00, a PEG ratio of 0.02 and a beta of 1.34.

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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