FY2025 EPS Estimates for TSE:TXG Increased by Analyst

Torex Gold Resources Inc. (TSE:TXG) – Stock analysts at National Bank Financial upped their FY2025 earnings per share (EPS) estimates for Torex Gold Resources in a research report issued on Monday, February 10th. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $3.96 per share for the year, up from their previous estimate of $3.53. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share.

A number of other brokerages have also commented on TXG. Royal Bank of Canada increased their price target on shares of Torex Gold Resources from C$34.00 to C$37.00 in a report on Friday, December 6th. TD Securities raised their price target on Torex Gold Resources from C$34.00 to C$38.00 in a research report on Friday, October 18th. CIBC upped their price objective on Torex Gold Resources from C$33.00 to C$34.50 in a report on Monday, December 2nd. Scotiabank increased their price objective on Torex Gold Resources from C$33.00 to C$37.00 in a research report on Thursday, November 21st. Finally, Raymond James boosted their target price on Torex Gold Resources from C$33.00 to C$34.00 in a research report on Tuesday, January 7th. 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 MarketBeat.com, Torex Gold Resources currently has a consensus rating of “Buy” and an average price target of C$34.81.

Torex Gold Resources Trading Up 0.1 %

Shares of TXG opened at C$34.11 on Thursday. Torex Gold Resources has a 1-year low of C$12.79 and a 1-year high of C$34.62. The company has a market capitalization of C$2.93 billion, a P/E ratio of 20.55, a P/E/G ratio of 0.02 and a beta of 1.34. The company has a debt-to-equity ratio of 7.32, a current ratio of 1.09 and a quick ratio of 2.12. The firm’s 50 day simple moving average is C$29.39 and its 200 day simple moving average is C$27.48.

Insider Activity

In other news, Director Caroline Donally acquired 1,000 shares of the firm’s stock in a transaction on Monday, January 20th. The shares were purchased at an average price of C$27.91 per share, for a total transaction of C$27,908.00. Also, Senior Officer Faysal Abhem Rodriguez Valenzuela sold 5,623 shares of the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of C$28.97, for a total transaction of C$162,898.31. In the last quarter, insiders purchased 2,000 shares of company stock valued at $55,927. Insiders own 0.35% of the company’s stock.

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.