
Torex Gold Resources Inc. (TSE:TXG - Free Report) - Stock analysts at National Bank Financial raised their FY2025 earnings per share estimates for Torex Gold Resources in a report released on Tuesday, July 15th. National Bank Financial analyst D. Demarco now forecasts that the company will earn $5.00 per share for the year, up from their previous estimate of $4.36. 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 $7.01 EPS.
Several other equities research analysts have also recently weighed in on the stock. Desjardins set a C$60.00 target price on shares of Torex Gold Resources and gave the company a "buy" rating in a research note on Thursday, June 5th. BMO Capital Markets raised their price target on shares of Torex Gold Resources from C$44.00 to C$56.00 in a research note on Friday, May 2nd. Royal Bank Of Canada raised their price target on shares of Torex Gold Resources from C$60.00 to C$65.00 in a research note on Thursday, June 12th. National Bankshares set a C$70.00 price objective on shares of Torex Gold Resources and gave the stock an "outperform" rating in a report on Thursday, June 5th. Finally, TD Securities raised their price objective on shares of Torex Gold Resources from C$39.00 to C$57.00 in a report on Tuesday, April 15th. Six investment analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of C$55.00.
View Our Latest Analysis on Torex Gold Resources
Torex Gold Resources Stock Up 3.0%
Shares of TSE TXG traded up C$1.30 during mid-day trading on Friday, reaching C$44.12. The company had a trading volume of 244,624 shares, compared to its average volume of 316,054. 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$2.68 billion, a PE ratio of 23.72, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. Torex Gold Resources has a twelve month low of C$19.01 and a twelve month high of C$49.25. The stock's 50 day moving average is C$44.11 and its 200-day moving average is C$38.71.
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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