Torex Gold Resources Inc. (TSE:TXG - Free Report) - Analysts at Desjardins issued their FY2025 earnings per share (EPS) estimates for Torex Gold Resources in a report issued on Wednesday, April 23rd. Desjardins analyst A. Carson expects that the company will post earnings per share of $2.85 for the year. 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' FY2026 earnings at $3.96 EPS.
A number of other analysts also recently issued reports on TXG. CIBC raised Torex Gold Resources from a "neutral" rating to an "outperform" rating and lifted their price target for the stock from C$42.00 to C$58.00 in a report on Monday, April 14th. Cibc World Mkts raised Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a report on Monday, April 14th. TD Securities lifted their price target on Torex Gold Resources from C$39.00 to C$57.00 in a report on Tuesday, April 15th. Royal Bank of Canada lifted their price target on Torex Gold Resources from C$44.00 to C$45.00 in a report on Friday, April 4th. Finally, BMO Capital Markets upped their target price on Torex Gold Resources from C$36.00 to C$38.00 in a research report on Thursday, February 20th. Six equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of C$45.19.
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Torex Gold Resources Trading Down 0.3 %
Shares of TSE TXG traded down C$0.15 during trading on Friday, reaching C$44.18. The stock had a trading volume of 186,371 shares, compared to its average volume of 336,382. Torex Gold Resources has a fifty-two week low of C$18.79 and a fifty-two week high of C$49.07. The company has a market cap of C$2.68 billion, a P/E ratio of 23.75, a PEG 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 business's 50-day moving average price is C$38.06 and its 200-day moving average price is C$32.64.
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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