Cormark Has Optimistic Outlook of TSE:TXG FY2025 Earnings

Torex Gold Resources Inc. (TSE:TXG) – Investment analysts at Cormark lifted their FY2025 earnings estimates for shares of Torex Gold Resources in a note issued to investors on Monday, March 24th. Cormark analyst R. Gray now forecasts that the company will earn $3.63 per share for the year, up from their prior forecast of $3.61. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share. Cormark also issued estimates for Torex Gold Resources’ Q4 2025 earnings at $1.16 EPS.

Other equities research analysts also recently issued research reports about the company. BMO Capital Markets upped their price target on Torex Gold Resources from C$36.00 to C$38.00 in a report on Thursday, February 20th. Raymond James upped their target price on shares of Torex Gold Resources from C$33.00 to C$34.00 in a research note on Tuesday, January 7th. CIBC increased their target price on shares of Torex Gold Resources from C$36.00 to C$42.00 in a report on Friday, February 21st. Finally, Royal Bank of Canada boosted their price target on shares of Torex Gold Resources from C$34.00 to C$37.00 in a report on Friday, December 6th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$36.53.

Torex Gold Resources Stock Performance

Shares of TXG opened at C$38.52 on Wednesday. The firm has a market capitalization of C$2.34 billion, a P/E ratio of 20.71, a P/E/G ratio of 0.02 and a beta of 1.34. Torex Gold Resources has a 52 week low of C$17.96 and a 52 week high of C$38.70. The stock has a 50 day moving average price of C$32.55 and a two-hundred day moving average price of C$29.63. The company has a debt-to-equity ratio of 8.09, a quick ratio of 2.12 and a current ratio of 1.00.

Insider Transactions at Torex Gold Resources

In other news, 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 shares were sold at an average price of C$28.97, for a total transaction of C$162,898.31. Also, Director Caroline Donally purchased 1,000 shares of the stock in a transaction that occurred on Monday, January 20th. The stock was bought at an average cost of C$27.91 per share, for a total transaction of C$27,908.00. Company insiders own 0.35% of the company’s stock.

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.