National Bank Financial Weighs in on TSE:TXG FY2025 Earnings

Torex Gold Resources Inc. (TSE:TXG) – Equities research analysts at National Bank Financial cut their FY2025 EPS 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 forecasts 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 equities research analysts have also weighed in on the stock. CIBC increased their price objective on shares of Torex Gold Resources from C$36.00 to C$42.00 in a research note on Friday, February 21st. Raymond James increased their price objective on shares of Torex Gold Resources from C$33.00 to C$34.00 in a research note on Tuesday, January 7th. BMO Capital Markets increased their price objective on shares of Torex Gold Resources from C$36.00 to C$38.00 in a research note on Thursday, February 20th. Scotiabank increased their price objective on shares of Torex Gold Resources from C$33.00 to C$37.00 in a research note on Thursday, November 21st. Finally, Royal Bank of Canada increased their price objective on shares of Torex Gold Resources from C$34.00 to C$37.00 in a research note on Friday, December 6th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock 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$31.59 on Friday. The firm has a market cap of C$1.92 billion, a PE ratio of 16.98, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The firm’s 50-day simple moving average is C$30.45 and its 200-day simple moving average is C$28.40. The company has a debt-to-equity ratio of 8.09, a quick ratio of 2.12 and a current ratio of 1.00. Torex Gold Resources has a 1 year low of C$13.92 and a 1 year high of C$35.89.

Insiders Place Their Bets

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