Raymond James Issues Negative Estimate for TSE:TXG Earnings

Torex Gold Resources Inc. (TSE:TXG) – Investment analysts at Raymond James decreased their Q2 2025 EPS estimates for shares of Torex Gold Resources in a report issued on Monday, January 6th. Raymond James analyst C. Stanley now anticipates that the company will earn $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.

TXG has been the subject of several other reports. CIBC upped their price target on Torex Gold Resources from C$33.00 to C$34.50 in a research note on Monday, December 2nd. National Bank Financial upgraded shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 9th. BMO Capital Markets boosted their price objective on shares of Torex Gold Resources from C$29.00 to C$30.00 and gave the stock an “outperform” rating in a research note on Tuesday, September 10th. TD Securities increased their price objective on shares of Torex Gold Resources from C$34.00 to C$38.00 in a research report on Friday, October 18th. Finally, Royal Bank of Canada lifted their target price on shares of Torex Gold Resources from C$34.00 to C$37.00 in a report on Friday, December 6th. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of C$34.81.

Torex Gold Resources Trading Up 0.3 %

Shares of TXG opened at C$28.22 on Wednesday. Torex Gold Resources has a twelve month low of C$12.79 and a twelve month high of C$32.75. The firm has a market capitalization of C$2.43 billion, a P/E ratio of 17.00, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The company has a current ratio of 1.09, a quick ratio of 2.12 and a debt-to-equity ratio of 7.32. The stock’s fifty day simple moving average is C$28.89 and its 200 day simple moving average is C$25.92.

Torex Gold Resources (TSE:TXG) last posted its quarterly earnings results 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.