Torex Gold Resources Inc. (TSE:TXG - Free Report) - Analysts at Cormark decreased their FY2025 earnings per share (EPS) estimates for shares of Torex Gold Resources in a research report issued on Tuesday, June 24th. Cormark analyst R. Gray now forecasts that the company will post earnings of $5.11 per share for the year, down from their previous estimate of $5.15. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share.
Other analysts have also recently issued reports about the stock. TD Securities lifted their price objective on shares of Torex Gold Resources from C$39.00 to C$57.00 in a research note on Tuesday, April 15th. National Bankshares set a C$70.00 target price on shares of Torex Gold Resources and gave the company an "outperform" rating in a research report on Thursday, June 5th. Cibc World Mkts raised Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. Raymond James Financial lifted their price objective on Torex Gold Resources from C$34.00 to C$47.00 in a research note on Friday, April 4th. Finally, Scotiabank upped their target price on Torex Gold Resources from C$48.00 to C$50.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Torex Gold Resources currently has a consensus rating of "Buy" and a consensus target price of C$55.00.
Read Our Latest Report on TXG
Torex Gold Resources Price Performance
Shares of TSE TXG opened at C$43.71 on Wednesday. Torex Gold Resources has a 52 week low of C$19.01 and a 52 week high of C$49.25. The business's 50 day moving average price is C$44.81 and its 200 day moving average price is C$36.78. The company has a quick ratio of 2.12, a current ratio of 1.00 and a debt-to-equity ratio of 8.09. The firm has a market cap of C$2.65 billion, a P/E ratio of 23.50, a P/E/G ratio of 0.02 and a beta of 1.34.
About Torex Gold Resources
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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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