TSE:TXG FY2025 EPS Lifted by National Bank Financial

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

Several other equities research analysts have also recently commented on TXG. Raymond James upped their price target on Torex Gold Resources from C$33.00 to C$34.00 in a research note on Tuesday, January 7th. Royal Bank of Canada upped their price target on Torex Gold Resources from C$34.00 to C$37.00 in a research note on Friday, December 6th. TD Securities increased their price objective on Torex Gold Resources from C$34.00 to C$38.00 in a research report on Friday, October 18th. 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, CIBC increased their price objective on Torex Gold Resources from C$33.00 to C$34.50 in a research report on Monday, December 2nd. Four equities 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, the stock currently has an average rating of “Buy” and an average target price of C$34.81.

Torex Gold Resources Price Performance

Torex Gold Resources stock opened at C$34.35 on Thursday. Torex Gold Resources has a 12 month low of C$12.93 and a 12 month high of C$34.62. The company has a debt-to-equity ratio of 8.09, a current ratio of 1.00 and a quick ratio of 2.12. The business has a 50 day simple moving average of C$29.44 and a 200-day simple moving average of C$27.57. The stock has a market capitalization of C$2.08 billion, a PE ratio of 18.47, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34.

Insider Buying and Selling at Torex Gold Resources

In other Torex Gold Resources news, Senior Officer Faysal Abhem Rodriguez Valenzuela sold 5,623 shares of the company’s stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of C$28.97, for a total value of C$162,898.31. Also, Director Caroline Donally bought 1,000 shares of the stock in a transaction on Monday, January 20th. The stock was purchased at an average cost of C$27.91 per share, for a total transaction of C$27,908.00. 0.35% of the stock is owned by corporate insiders.

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.