Research Analysts Issue Forecasts for TSE:TXG Q1 Earnings

Torex Gold Resources Inc. (TSE:TXG) – Analysts at Cormark issued their Q1 2025 EPS estimates for shares of Torex Gold Resources in a research note issued to investors on Wednesday, December 4th. Cormark analyst R. Gray anticipates that the company will earn $0.59 per share for the quarter. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share. Cormark also issued estimates for Torex Gold Resources’ Q2 2025 earnings at $1.15 EPS, Q3 2025 earnings at $1.18 EPS, Q4 2025 earnings at $1.18 EPS and FY2025 earnings at $4.09 EPS.

Torex Gold Resources (TSE:TXG) last issued its earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.82 by C$0.20. The business had revenue of C$427.96 million for the quarter. Torex Gold Resources had a net margin of 11.16% and a return on equity of 7.12%.

Other equities research analysts have also issued research reports about the stock. Royal Bank of Canada raised their price target on shares of Torex Gold Resources from C$32.00 to C$34.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Scotiabank raised their price target on shares of Torex Gold Resources from C$33.00 to C$37.00 in a research note on Thursday, November 21st. BMO Capital Markets increased their price objective on shares of Torex Gold Resources from C$29.00 to C$30.00 and gave the company an “outperform” rating in a report on Tuesday, September 10th. National Bank Financial upgraded shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 9th. Finally, National Bankshares upgraded shares of Torex Gold Resources from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from C$31.25 to C$37.75 in a report on Thursday, October 10th. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Torex Gold Resources currently has a consensus rating of “Buy” and an average price target of C$33.69.

Torex Gold Resources Price Performance

The firm has a market capitalization of C$2.74 billion, a price-to-earnings ratio of 19.21, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. Torex Gold Resources has a 12 month low of C$12.79 and a 12 month high of C$32.75. The stock’s fifty day simple moving average is C$28.89 and its 200-day simple moving average is C$24.79. The company has a current ratio of 1.09, a quick ratio of 2.12 and a debt-to-equity ratio of 7.32.

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.