TSE:TXG FY2027 EPS Raised by National Bank Financial

Torex Gold Resources Inc. (TSE:TXG) – Analysts at National Bank Financial lifted their FY2027 EPS estimates for Torex Gold Resources in a research note issued to investors on Tuesday, May 13th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $4.79 for the year, up from their previous forecast of $3.86. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share.

Other equities research analysts also recently issued research reports about the stock. Raymond James lifted their target price on shares of Torex Gold Resources from C$34.00 to C$47.00 in a research report on Friday, April 4th. Royal Bank of Canada lifted their target price on shares of Torex Gold Resources from C$44.00 to C$45.00 in a research report on Friday, April 4th. TD Securities boosted their price objective on shares of Torex Gold Resources from C$39.00 to C$57.00 in a research report on Tuesday, April 15th. CIBC raised shares of Torex Gold Resources from a “neutral” rating to an “outperform” rating and boosted their price objective for the company from C$42.00 to C$58.00 in a research report on Monday, April 14th. Finally, BMO Capital Markets boosted their price objective on shares of Torex Gold Resources from C$44.00 to C$56.00 in a research report on Friday, May 2nd. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of C$47.19.

Torex Gold Resources Price Performance

Shares of TXG opened at C$41.19 on Friday. The company has a quick ratio of 2.12, a current ratio of 1.00 and a debt-to-equity ratio of 8.09. Torex Gold Resources has a twelve month low of C$19.01 and a twelve month high of C$49.07. The company has a market capitalization of C$2.50 billion, a P/E ratio of 22.15, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The firm has a 50 day moving average of C$40.97 and a 200 day moving average of C$33.79.

About Torex Gold Resources

Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala.