National Bank Financial Comments on TSE:TXG FY2025 Earnings

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Stock analysts at National Bank Financial increased their FY2025 earnings per share (EPS) estimates for shares of Torex Gold Resources in a research note issued to investors on Tuesday, July 15th. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings per share of $5.00 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.

A number of other equities analysts have also recently issued reports on the company. CIBC upgraded Torex Gold Resources from a "neutral" rating to an "outperform" rating and lifted their target price for the stock from C$42.00 to C$58.00 in a report on Monday, April 14th. Desjardins set a C$60.00 price target on Torex Gold Resources and gave the company a "buy" rating in a report on Thursday, June 5th. Cormark lifted their price target on Torex Gold Resources from C$46.00 to C$55.00 in a report on Monday, April 14th. Scotiabank lifted their price target on Torex Gold Resources from C$48.00 to C$50.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Finally, 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. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of C$55.00.

Torex Gold Resources Price Performance

Shares of TSE TXG traded up C$0.33 during mid-day trading on Friday, reaching C$42.82. The company had a trading volume of 249,942 shares, compared to its average volume of 316,571. The company has a current ratio of 1.00, a quick ratio of 2.12 and a debt-to-equity ratio of 8.09. The stock has a market cap of C$2.60 billion, a PE ratio of 23.02, a P/E/G ratio of 0.02 and a beta of 1.34. The company has a 50-day moving average price of C$44.11 and a two-hundred day moving average price of C$38.57. Torex Gold Resources has a 1-year low of C$19.01 and a 1-year high of C$49.25.

Torex Gold Resources Company Profile

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.