Torex Gold Resources Inc. (TSE:TXG - Free Report) - Equities researchers at Desjardins issued their Q1 2025 earnings per share estimates for Torex Gold Resources in a research report issued on Wednesday, April 23rd. Desjardins analyst A. Carson forecasts that the company will earn $0.24 per share for the quarter. Desjardins has a "Buy" rating on the stock. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. Desjardins also issued estimates for Torex Gold Resources' Q2 2025 earnings at $0.74 EPS, Q3 2025 earnings at $0.90 EPS and Q4 2025 earnings at $0.99 EPS.
Other research analysts also recently issued reports about the stock. CIBC upgraded shares of Torex Gold Resources from a "neutral" rating to an "outperform" rating and increased their price target for the stock from C$42.00 to C$58.00 in a research report on Monday, April 14th. TD Securities lifted their target price on Torex Gold Resources from C$39.00 to C$57.00 in a research report on Tuesday, April 15th. Raymond James upped their price target on Torex Gold Resources from C$34.00 to C$47.00 in a research report on Friday, April 4th. Cibc World Mkts raised Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. Finally, BMO Capital Markets increased their target price on shares of Torex Gold Resources from C$36.00 to C$38.00 in a report on Thursday, February 20th. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of C$45.19.
View Our Latest Stock Report on Torex Gold Resources
Torex Gold Resources Stock Performance
Shares of TSE TXG traded up C$0.53 during midday trading on Monday, hitting C$43.50. 34,827 shares of the company's stock traded hands, compared to its average volume of 335,831. 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 stock has a market capitalization of C$2.64 billion, a price-to-earnings ratio of 23.39, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The firm has a fifty day moving average of C$38.51 and a 200 day moving average of C$32.84. 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
(
Get Free Report)
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.
Read More
Before you consider Torex Gold Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Torex Gold Resources wasn't on the list.
While Torex Gold Resources currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
