Raymond James Issues Positive Forecast for TSE:TXG Earnings

Torex Gold Resources Inc. (TSE:TXG) – Stock analysts at Raymond James lifted their Q3 2025 EPS estimates for Torex Gold Resources in a report released on Wednesday, January 15th. Raymond James analyst C. Stanley now forecasts that the company will post earnings per share of $1.21 for the quarter, up from their previous estimate of $1.06. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share.

Several other analysts have also recently commented on the stock. TD Securities boosted their price target on shares of Torex Gold Resources from C$34.00 to C$38.00 in a research note on Friday, October 18th. Royal Bank of Canada boosted their target price on Torex Gold Resources from C$34.00 to C$37.00 in a research report on Friday, December 6th. National Bankshares upgraded Torex Gold Resources from a “sector perform” rating to an “outperform” rating and raised their price target for the company from C$31.25 to C$37.75 in a report on Thursday, October 10th. CIBC lifted their price objective on Torex Gold Resources from C$33.00 to C$34.50 in a research note on Monday, December 2nd. Finally, National Bank Financial upgraded Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of C$34.81.

Torex Gold Resources Price Performance

TXG stock opened at C$27.71 on Friday. The company has a market capitalization of C$2.38 billion, a PE ratio of 16.69, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The company’s fifty day moving average price is C$28.74 and its 200-day moving average price is C$26.30. Torex Gold Resources has a one year low of C$12.79 and a one year high of C$32.75. The company has a debt-to-equity ratio of 7.32, a quick ratio of 2.12 and a current ratio of 1.09.

Torex Gold Resources (TSE:TXG) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share for the quarter, beating the consensus estimate 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%.

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.