TSE:TXG FY2025 EPS Boosted by National Bank Financial

Torex Gold Resources Inc. (TSE:TXG) – Research analysts at National Bank Financial boosted their FY2025 earnings estimates for Torex Gold Resources in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst D. Demarco now anticipates that the company will earn $5.00 per share for the year, up from their previous estimate of $4.36. 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 $7.01 EPS.

TXG has been the subject of several other research reports. Desjardins set a C$60.00 price target on shares of Torex Gold Resources and gave the stock a “buy” rating in a research report on Thursday, June 5th. Scotiabank upped their price target on shares of Torex Gold Resources from C$48.00 to C$50.00 and gave the company an “outperform” rating in a report on Wednesday, June 4th. TD Securities upped their price target on shares of Torex Gold Resources from C$39.00 to C$57.00 in a report on Tuesday, April 15th. Cibc World Mkts raised shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. Finally, CIBC upgraded Torex Gold Resources from a “neutral” rating to an “outperform” rating and upped their target price for the company from C$42.00 to C$58.00 in a report on Monday, April 14th. Six equities research analysts have rated the stock with a buy rating and two have 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$55.00.

Torex Gold Resources Stock Up 0.8%

Torex Gold Resources stock opened at C$42.82 on Friday. The company has a 50-day simple moving average of C$44.11 and a 200-day simple moving average of C$38.57. The firm has a market capitalization of C$2.60 billion, a P/E ratio of 23.02, a P/E/G ratio of 0.02 and a beta of 1.34. 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$49.25.

About Torex Gold Resources

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.