Q1 EPS Estimates for Torex Gold Resources Raised by Cormark

Torex Gold Resources Inc. (TSE:TXG) – Equities researchers at Cormark upped their Q1 2025 earnings per share (EPS) estimates for Torex Gold Resources in a note issued to investors on Thursday, December 19th. Cormark analyst R. Gray now forecasts that the company will post earnings of $0.60 per share for the quarter, up from their previous estimate of $0.59. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share. Cormark also issued estimates for Torex Gold Resources’ Q2 2025 earnings at $1.16 EPS, Q3 2025 earnings at $1.19 EPS and Q4 2025 earnings at $1.19 EPS.

Other equities research analysts have also recently issued reports about the company. National Bankshares raised Torex Gold Resources from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$31.25 to C$37.75 in a report on Thursday, October 10th. TD Securities upped their price target on Torex Gold Resources from C$34.00 to C$38.00 in a research note on Friday, October 18th. National Bank Financial raised shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 9th. CIBC boosted their target price on shares of Torex Gold Resources from C$33.00 to C$34.50 in a report on Monday, December 2nd. Finally, Royal Bank of Canada raised their target price on shares of Torex Gold Resources from C$34.00 to C$37.00 in a research note on Friday, December 6th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of C$34.03.

Torex Gold Resources Stock Down 1.4 %

Shares of TXG stock opened at C$28.20 on Monday. The company has a debt-to-equity ratio of 7.32, a current ratio of 1.09 and a quick ratio of 2.12. Torex Gold Resources has a one year low of C$12.79 and a one year high of C$32.75. The company’s fifty day moving average price is C$29.28 and its 200-day moving average price is C$25.36. The company has a market capitalization of C$2.42 billion, a price-to-earnings ratio of 16.99, a PEG ratio of 0.02 and a beta of 1.34.

Torex Gold Resources (TSE:TXG) last released its earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter.

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.