Q2 EPS Forecast for Torex Gold Resources Cut by Analyst

Key Points

• Raymond James Financial has cut its Q2 2025 earnings per share forecast for Torex Gold Resources from $1.46 to $0.66, while maintaining a full-year estimate of $3.63 per share.
• Torex Gold Resources' stock is currently rated as a "Buy" by six analysts, with an average price target of C$59.00.
• The company's shares have decreased by 3.3% recently, trading at C$39.32 with a market capitalization of C$2.38 billion.

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Equities research analysts at Raymond James Financial lowered their Q2 2025 earnings per share (EPS) estimates for shares of Torex Gold Resources in a report released on Monday, July 28th. Raymond James Financial analyst C. Stanley now expects that the company will post earnings of $0.66 per share for the quarter, down from their prior forecast of $1.46. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. Raymond James Financial also issued estimates for Torex Gold Resources' Q3 2025 earnings at $1.64 EPS, Q4 2025 earnings at $1.82 EPS, FY2025 earnings at $4.75 EPS and FY2026 earnings at $5.99 EPS.

TXG has been the topic of several other reports. CIBC upgraded Torex Gold Resources from a "neutral" rating to an "outperform" rating and upped their price target for the company from C$42.00 to C$58.00 in a research report on Monday, April 14th. TD Securities lifted their price objective on Torex Gold Resources from C$39.00 to C$57.00 in a research note on Tuesday, April 15th. National Bankshares set a C$70.00 target price on Torex Gold Resources and gave the stock an "outperform" rating in a research report on Thursday, June 5th. Scotiabank upped their target price on Torex Gold Resources from C$48.00 to C$50.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. Finally, BMO Capital Markets lifted their price target on Torex Gold Resources from C$44.00 to C$56.00 in a research report on Friday, May 2nd. 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, Torex Gold Resources currently has an average rating of "Buy" and a consensus price target of C$59.00.

Torex Gold Resources Stock Performance

TSE:TXG traded up C$0.17 on Thursday, reaching C$39.20. 401,203 shares of the company's stock were exchanged, compared to its average volume of 320,151. The firm has a market cap of C$2.38 billion, a price-to-earnings ratio of 21.08, a P/E/G ratio of 0.02 and a beta of 1.34. 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 stock has a fifty day simple moving average of C$44.04 and a 200-day simple moving average of C$39.61. Torex Gold Resources has a 52 week low of C$19.01 and a 52 week high of C$49.25.

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.