Torex Gold Resources Inc. (TSE:TXG - Free Report) - National Bank Financial issued their Q1 2025 earnings per share estimates for shares of Torex Gold Resources in a note issued to investors on Tuesday, April 22nd. National Bank Financial analyst D. Demarco forecasts that the company will earn $0.31 per share for the quarter. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. National Bank Financial also issued estimates for Torex Gold Resources' FY2025 earnings at $4.14 EPS and FY2026 earnings at $5.49 EPS.
TXG has been the subject of several other research reports. BMO Capital Markets raised their price objective on shares of Torex Gold Resources from C$36.00 to C$38.00 in a research note on Thursday, February 20th. Royal Bank of Canada upped their price objective on Torex Gold Resources from C$44.00 to C$45.00 in a research report on Friday, April 4th. Cibc World Mkts upgraded Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. Desjardins restated a "buy" rating on shares of Torex Gold Resources in a report on Thursday, April 24th. Finally, CIBC upgraded shares of Torex Gold Resources from a "neutral" rating to an "outperform" rating and lifted their price objective for the company from C$42.00 to C$58.00 in a report on Monday, April 14th. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of C$45.19.
Check Out Our Latest Research Report on TXG
Torex Gold Resources Trading Down 0.9 %
Shares of TXG traded down C$0.40 during midday trading on Friday, hitting C$43.93. The stock had a trading volume of 155,976 shares, compared to its average volume of 336,160. The stock's 50 day moving average is C$38.06 and its 200 day moving average is C$32.64. The firm has a market cap of C$2.66 billion, a PE ratio of 23.62, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The company has a debt-to-equity ratio of 8.09, a current ratio of 1.00 and a quick ratio of 2.12. Torex Gold Resources has a 1 year low of C$18.79 and a 1 year high of C$49.07.
Torex Gold Resources Company Profile
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Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala.
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