Q2 EPS Estimates for Torex Gold Resources Cut by Desjardins

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Analysts at Desjardins reduced their Q2 2025 EPS estimates for Torex Gold Resources in a note issued to investors on Wednesday, May 7th. Desjardins analyst A. Carson now anticipates that the company will post earnings of $0.67 per share for the quarter, down from their previous estimate of $0.74. Desjardins currently has a "Buy" rating on the stock. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. Desjardins also issued estimates for Torex Gold Resources' Q4 2025 earnings at $0.98 EPS and FY2025 earnings at $3.16 EPS.

Other analysts have also recently issued research reports about the stock. Cibc World Mkts raised shares of Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 14th. CIBC upgraded shares of Torex Gold Resources from a "neutral" rating to an "outperform" rating and boosted their price target for the stock from C$42.00 to C$58.00 in a research report on Monday, April 14th. Cormark boosted their price target on shares of Torex Gold Resources from C$46.00 to C$55.00 in a research report on Monday, April 14th. TD Securities boosted 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. Finally, Raymond James boosted 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. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of C$47.19.

Torex Gold Resources Stock Performance

TXG traded down C$1.01 on Friday, reaching C$40.19. The stock had a trading volume of 193,474 shares, compared to its average volume of 335,657. The company has a market cap of C$2.44 billion, a P/E ratio of 21.61, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The business's 50-day moving average price is C$40.44 and its two-hundred day moving average price is C$33.61. The company has a current ratio of 1.00, a quick ratio of 2.12 and a debt-to-equity ratio of 8.09. Torex Gold Resources has a 12-month low of C$19.01 and a 12-month high of C$49.07.

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.