TSE:TXG FY2025 EPS Lowered by National Bank Financial

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Equities research analysts at National Bank Financial reduced their FY2025 EPS estimates for Torex Gold Resources in a research note issued to investors on Wednesday, June 4th. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $4.36 per share for the year, down from their prior estimate of $4.42. 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' FY2026 earnings at $5.42 EPS and FY2027 earnings at $4.72 EPS.

Several other research firms have also recently weighed in on TXG. Cibc World Mkts raised shares of Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. TD Securities upped their price objective on Torex Gold Resources from C$39.00 to C$57.00 in a research report on Tuesday, April 15th. Raymond James upped their target price on shares of Torex Gold Resources from C$34.00 to C$47.00 in a research note on Friday, April 4th. CIBC upgraded Torex Gold Resources from a "neutral" rating to an "outperform" rating and raised their price target for the company from C$42.00 to C$58.00 in a research note on Monday, April 14th. Finally, National Bankshares set a C$70.00 price objective on shares of Torex Gold Resources and gave the stock an "outperform" rating in a research report on Thursday, June 5th. Six equities research 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.com, the company currently has a consensus rating of "Buy" and a consensus price target of C$55.00.

Torex Gold Resources Trading Up 5.6%

TSE:TXG traded up C$2.54 during trading hours on Monday, hitting C$48.29. The company had a trading volume of 375,946 shares, compared to its average volume of 327,068. The company has a current ratio of 1.00, a quick ratio of 2.12 and a debt-to-equity ratio of 8.09. Torex Gold Resources has a 1 year low of C$19.01 and a 1 year high of C$49.07. The company has a 50-day moving average of C$43.66 and a 200 day moving average of C$35.77. The company has a market cap of C$2.93 billion, a P/E ratio of 25.96, a P/E/G ratio of 0.02 and a beta of 1.34.

About Torex Gold Resources

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.