Torex Gold Resources Inc. (TSE:TXG - Free Report) - Cormark lifted their Q1 2025 EPS estimates for Torex Gold Resources in a research report issued to clients and investors on Monday, April 14th. Cormark analyst R. Gray now anticipates that the company will earn $0.41 per share for the quarter, up from their previous estimate of $0.36. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. Cormark also issued estimates for Torex Gold Resources' Q4 2025 earnings at $1.15 EPS.
TXG has been the subject of several other reports. TD Securities lifted their price objective on Torex Gold Resources from C$39.00 to C$57.00 in a research report on Tuesday, April 15th. CIBC upgraded Torex Gold Resources from a "neutral" rating to an "outperform" rating and lifted their price objective for the stock from C$42.00 to C$58.00 in a report on Monday, April 14th. Cibc World Mkts raised shares of Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. Royal Bank of Canada upped their price target on shares of Torex Gold Resources from C$44.00 to C$45.00 in a report on Friday, April 4th. Finally, BMO Capital Markets boosted their target price on shares of Torex Gold Resources from C$36.00 to C$38.00 in a research report on Thursday, February 20th. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat, Torex Gold Resources currently has a consensus rating of "Buy" and an average target price of C$45.19.
Read Our Latest Analysis on Torex Gold Resources
Torex Gold Resources Price Performance
TSE:TXG traded up C$0.24 during mid-day trading on Wednesday, hitting C$47.48. 203,331 shares of the company's stock traded hands, compared to its average volume of 324,576. Torex Gold Resources has a 1 year low of C$18.79 and a 1 year high of C$49.07. The company has a market cap of C$2.88 billion, a PE ratio of 25.53, 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 quick ratio of 2.12 and a current ratio of 1.00. The firm's 50 day simple moving average is C$36.47 and its 200 day simple moving average is C$31.70.
Insider Activity
In other news, Senior Officer Faysal Abhem Rodriguez Valenzuela sold 5,623 shares of the business'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. Corporate insiders own 0.35% of the company's stock.
About Torex Gold Resources
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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.
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