FY2025 EPS Estimates for TSE:TXG Decreased by Analyst

Torex Gold Resources Inc. (TSE:TXG) – Investment analysts at National Bank Financial decreased their FY2025 earnings per share estimates for shares of Torex Gold Resources in a research note issued to investors on Tuesday, February 25th. National Bank Financial analyst D. Demarco now expects that the company will earn $3.64 per share for the year, down from their prior estimate of $3.96. 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’ FY2025 earnings at $3.64 EPS.

Several other research firms have also issued reports on TXG. Raymond James raised their price target on shares of Torex Gold Resources from C$33.00 to C$34.00 in a report on Tuesday, January 7th. CIBC boosted their target price on shares of Torex Gold Resources from C$36.00 to C$42.00 in a report on Friday, February 21st. BMO Capital Markets increased their price target on Torex Gold Resources from C$36.00 to C$38.00 in a report on Thursday, February 20th. Royal Bank of Canada boosted their price objective on Torex Gold Resources from C$34.00 to C$37.00 in a research note on Friday, December 6th. Finally, Scotiabank raised their target price on Torex Gold Resources from C$33.00 to C$37.00 in a research note on Thursday, November 21st. Four research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, Torex Gold Resources presently has a consensus rating of “Buy” and a consensus price target of C$36.53.

Torex Gold Resources Stock Performance

Shares of Torex Gold Resources stock opened at C$31.66 on Friday. The stock has a market cap of C$1.92 billion, a price-to-earnings ratio of 17.02, a P/E/G ratio of 0.02 and a beta of 1.34. The company has a quick ratio of 2.12, a current ratio of 1.00 and a debt-to-equity ratio of 8.09. Torex Gold Resources has a twelve month low of C$13.49 and a twelve month high of C$35.89. The company’s fifty day moving average is C$30.45 and its 200 day moving average is C$28.40.

Insider Buying and Selling

In related news, Director Caroline Donally acquired 1,000 shares of the stock in a transaction on Monday, January 20th. The shares were acquired at an average price of C$27.91 per share, with a total value of C$27,908.00. Also, Senior Officer Faysal Abhem Rodriguez Valenzuela sold 5,623 shares of the firm’s stock in a transaction that occurred on Tuesday, January 21st. The stock was sold at an average price of C$28.97, for a total transaction of C$162,898.31. 0.35% of the stock is currently owned by corporate insiders.

About Torex Gold Resources

Torex Gold Resources Inc operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City.