Analysts Offer Predictions 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 estimates for Torex Gold Resources in a research note issued on Tuesday, July 15th. National Bank Financial analyst D. Demarco expects 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.

Several other brokerages have also commented on TXG. BMO Capital Markets upped their price target on shares of Torex Gold Resources from C$44.00 to C$56.00 in a research report on Friday, May 2nd. Desjardins set a C$60.00 price target on shares of Torex Gold Resources and gave the stock a "buy" rating in a research report on Thursday, June 5th. TD Securities upped their price target on shares of Torex Gold Resources from C$39.00 to C$57.00 in a research report on Tuesday, April 15th. Raymond James Financial upped their price target on shares of Torex Gold Resources from C$34.00 to C$47.00 in a research report on Friday, April 4th. Finally, Royal Bank Of Canada upped their price target on shares of Torex Gold Resources from C$60.00 to C$65.00 in a research report on Thursday, June 12th. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of C$55.00.

Torex Gold Resources Trading Up 0.4%

TXG stock traded up C$0.19 on Thursday, hitting C$42.49. 219,545 shares of the company were exchanged, compared to its average volume of 317,058. Torex Gold Resources has a twelve month low of C$19.01 and a twelve month high of C$49.25. 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 fifty day moving average is C$44.15 and its two-hundred day moving average is C$38.46. The stock has a market capitalization of C$2.58 billion, a price-to-earnings ratio of 22.85, a price-to-earnings-growth 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.