Research Analysts Offer Predictions for TSE:TXG Q1 Earnings

Torex Gold Resources Inc. (TSE:TXG) – Equities researchers at Cormark raised their Q1 2025 earnings per share (EPS) estimates for shares of Torex Gold Resources in a research report issued on Thursday, December 19th. Cormark analyst R. Gray now expects that the company will post earnings of $0.60 per share for the quarter, up from their prior forecast of $0.59. 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 $1.16 EPS, Q3 2025 earnings at $1.19 EPS and Q4 2025 earnings at $1.19 EPS.

Torex Gold Resources (TSE:TXG) last announced its quarterly earnings results on Wednesday, November 6th. The company reported C$1.02 EPS for the quarter, topping 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 return on equity of 7.12% and a net margin of 11.16%.

TXG has been the topic of several other research reports. National Bank Financial raised shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. BMO Capital Markets boosted their price target on shares of Torex Gold Resources from C$29.00 to C$30.00 and gave the company an “outperform” rating in a research report on Tuesday, September 10th. National Bankshares upgraded shares of Torex Gold Resources from a “sector perform” rating to an “outperform” rating and raised their price objective for the stock from C$31.25 to C$37.75 in a report on Thursday, October 10th. Scotiabank upped their target price on Torex Gold Resources from C$33.00 to C$37.00 in a report on Thursday, November 21st. Finally, CIBC raised their target price on Torex Gold Resources from C$33.00 to C$34.50 in a research note on Monday, December 2nd. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of C$34.03.

Torex Gold Resources Stock Performance

Shares of TSE:TXG opened at C$28.20 on Monday. The company has a current ratio of 1.09, a quick ratio of 2.12 and a debt-to-equity ratio of 7.32. The company has a market cap of C$2.42 billion, a price-to-earnings ratio of 16.99, 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 company has a 50-day moving average price of C$29.28 and a 200-day moving average price of C$25.36.

Torex Gold Resources Company Profile

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.