FY2025 EPS Estimates for TSE:TXG Decreased by Analyst

Key Points

• National Bank Financial has revised its FY2025 earnings per share estimate for Torex Gold Resources Inc. from $5.56 to $5.05, now below the consensus estimate of $3.63.
• Several analysts have recently adjusted their price targets for Torex Gold Resources, with Desjardins raising their target to C$65.00 and TD Securities lowering theirs to C$62.00.
• Torex Gold Resources is currently trading at C$55.66 with a market capitalization of C$4.80 billion and has a fifty-two week trading range between C$25.25 and C$58.63.

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Stock analysts at National Bank Financial reduced their FY2025 earnings per share estimates for shares of Torex Gold Resources in a research note issued on Tuesday, September 23rd. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $5.05 per share for the year, down from their previous estimate of $5.56. 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 $7.36 EPS.

TXG has been the topic of a number of other research reports. Desjardins upped their target price on Torex Gold Resources from C$63.00 to C$65.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. Royal Bank Of Canada upped their target price on Torex Gold Resources from C$60.00 to C$65.00 in a report on Thursday, June 12th. TD Securities dropped their target price on Torex Gold Resources from C$64.00 to C$62.00 and set a "buy" rating on the stock in a report on Friday, August 8th. Raymond James Financial upped their target price on Torex Gold Resources from C$55.00 to C$58.00 in a report on Thursday, August 21st. Finally, National Bankshares upped their target price on Torex Gold Resources from C$71.00 to C$75.00 and gave the company an "outperform" rating in a report on Wednesday. Two equities research analysts have rated the stock with a Strong Buy rating and five have assigned a Buy rating to the company. According to MarketBeat, the company has an average rating of "Buy" and an average price target of C$60.44.

Torex Gold Resources Price Performance

Shares of TXG opened at C$55.66 on Friday. The company has a market capitalization of C$4.80 billion, a price-to-earnings ratio of 22.91, a P/E/G ratio of 0.02 and a beta of 0.70. Torex Gold Resources has a fifty-two week low of C$25.25 and a fifty-two week high of C$58.63. The company has a debt-to-equity ratio of 8.09, a current ratio of 1.00 and a quick ratio of 2.12. The business's 50-day moving average is C$46.19 and its 200-day moving average is C$43.70.

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.

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