Torex Gold Resources Inc. (TSE:TXG – Free Report) – Investment analysts at National Bank Financial lowered their Q3 2024 earnings per share (EPS) estimates for Torex Gold Resources in a research report issued to clients and investors on Tuesday, October 22nd. National Bank Financial analyst D. Demarco now anticipates that the company will earn $0.77 per share for the quarter, down from their prior estimate of $0.81. National Bank Financial has a “Strong-Buy” rating on the stock. 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’ FY2025 earnings at $4.11 EPS.
Torex Gold Resources (TSE:TXG – Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported C$0.82 earnings per share for the quarter, topping the consensus estimate of C$0.70 by C$0.12. Torex Gold Resources had a return on equity of 7.12% and a net margin of 11.16%. The business had revenue of C$369.83 million during the quarter.
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Torex Gold Resources Stock Performance
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 market cap of C$2.66 billion, a price-to-earnings ratio of 18.55, a PEG ratio of 0.02 and a beta of 1.34. Torex Gold Resources has a 1-year low of C$12.40 and a 1-year high of C$32.10. The business has a 50 day moving average of C$26.45 and a two-hundred day moving average of C$22.83.
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.
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