FY2025 EPS Estimates for TSE:TXG Decreased by Analyst

Torex Gold Resources Inc. (TSE:TXG) – National Bank Financial cut their FY2025 earnings per share (EPS) estimates for Torex Gold Resources in a report issued on Wednesday, June 4th. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $4.36 per share for the year, down from their previous estimate of $4.42. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share. National Bank Financial also issued estimates for Torex Gold Resources’ FY2026 earnings at $5.42 EPS and FY2027 earnings at $4.72 EPS.

TXG has been the subject of several other reports. CIBC raised Torex Gold Resources from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from C$42.00 to C$58.00 in a report on Monday, April 14th. BMO Capital Markets boosted their price objective on Torex Gold Resources from C$44.00 to C$56.00 in a report on Friday, May 2nd. Royal Bank of Canada boosted their price objective on Torex Gold Resources from C$50.00 to C$60.00 in a report on Wednesday, June 4th. TD Securities boosted their price objective on Torex Gold Resources from C$39.00 to C$57.00 in a report on Tuesday, April 15th. Finally, Desjardins set a C$60.00 price objective on Torex Gold Resources and gave the company a “buy” rating in a report on Thursday, June 5th. Six investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.com, Torex Gold Resources currently has an average rating of “Buy” and an average target price of C$54.50.

Torex Gold Resources Trading Down 2.8%

TSE:TXG opened at C$45.01 on Monday. The company has a debt-to-equity ratio of 8.09, a quick ratio of 2.12 and a current ratio of 1.00. Torex Gold Resources has a one year low of C$19.01 and a one year high of C$49.07. The business’s 50-day simple moving average is C$43.37 and its 200 day simple moving average is C$35.57. The stock has a market cap of C$2.73 billion, a price-to-earnings ratio of 24.20, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34.

Torex Gold Resources Company Profile

Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala.