Raymond James Brokers Lower Earnings Estimates for TSE:TXG

Torex Gold Resources Inc. (TSE:TXG) – Equities researchers at Raymond James decreased their Q2 2025 earnings per share estimates for shares of Torex Gold Resources in a research note issued to investors on Monday, January 6th. Raymond James analyst C. Stanley now forecasts that the company will post earnings per share of $0.80 for the quarter, down from their prior estimate 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.

Torex Gold Resources (TSE:TXG) last released its quarterly earnings data on Wednesday, November 6th. The company reported C$1.02 earnings per share for the quarter, beating the consensus estimate of C$0.82 by C$0.20. The business had revenue of C$427.96 million for the quarter. Torex Gold Resources had a return on equity of 7.12% and a net margin of 11.16%.

Other analysts have also issued research reports about the stock. CIBC raised their target price on shares of Torex Gold Resources from C$33.00 to C$34.50 in a research report on Monday, December 2nd. National Bank Financial raised Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 9th. Royal Bank of Canada upped their target price on Torex Gold Resources from C$34.00 to C$37.00 in a report on Friday, December 6th. Scotiabank lifted their price target on Torex Gold Resources from C$33.00 to C$37.00 in a research note on Thursday, November 21st. Finally, National Bankshares raised Torex Gold Resources from a “sector perform” rating to an “outperform” rating and upped their price objective for the company from C$31.25 to C$37.75 in a research note on Thursday, October 10th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Torex Gold Resources currently has a consensus rating of “Buy” and an average price target of C$34.81.

Torex Gold Resources Trading Up 0.2 %

TXG opened at C$29.10 on Wednesday. The company’s 50 day moving average is C$28.84 and its 200-day moving average is C$26.04. The company has a market cap of C$2.50 billion, a P/E ratio of 17.53, a PEG ratio of 0.02 and a beta of 1.34. Torex Gold Resources has a 1-year low of C$12.79 and a 1-year high of C$32.75. The company has a current ratio of 1.09, a quick ratio of 2.12 and a debt-to-equity ratio of 7.32.

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.