Research Analysts Issue Forecasts for TSE:TXG Q2 Earnings

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Equities research analysts at National Bank Financial issued their Q2 2025 earnings per share estimates for shares of Torex Gold Resources in a research report issued to clients and investors on Tuesday, July 15th. National Bank Financial analyst D. Demarco forecasts that the company will earn $0.69 per share for the quarter. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share.

A number of other equities analysts also recently commented on TXG. Desjardins set a C$60.00 price objective on shares of Torex Gold Resources and gave the stock a "buy" rating in a research note on Thursday, June 5th. Raymond James Financial increased their price objective on shares of Torex Gold Resources from C$34.00 to C$47.00 in a research note on Friday, April 4th. CIBC upgraded shares of Torex Gold Resources from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from C$42.00 to C$58.00 in a research note on Monday, April 14th. Scotiabank raised their target price on shares of Torex Gold Resources from C$48.00 to C$50.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. Finally, Royal Bank Of Canada raised their target price on shares of Torex Gold Resources from C$60.00 to C$65.00 in a research note on Thursday, June 12th. Six investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of C$55.00.

Torex Gold Resources Stock Up 0.8%

Shares of Torex Gold Resources stock traded up C$0.33 during trading hours on Thursday, reaching C$42.82. 249,942 shares of the company's stock were exchanged, compared to its average volume of 316,571. The company has a 50 day moving average of C$44.11 and a two-hundred day moving average of C$38.64. Torex Gold Resources has a fifty-two week low of C$19.01 and a fifty-two week high of C$49.25. 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 P/E ratio of 23.02, 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.