Torex Gold Resources Inc. (TSE:TXG – Free Report) – Analysts at Cormark decreased their Q2 2024 earnings per share (EPS) estimates for shares of Torex Gold Resources in a research report issued on Thursday, July 11th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.64 for the quarter, down from their prior estimate of $0.92. The consensus estimate for Torex Gold Resources’ current full-year earnings is $2.59 per share. Cormark also issued estimates for Torex Gold Resources’ FY2024 earnings at $2.21 EPS, FY2025 earnings at $3.65 EPS and FY2026 earnings at $2.72 EPS.
Torex Gold Resources (TSE:TXG – Get Free Report) last issued its quarterly earnings data on Wednesday, May 8th. The company reported C$0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.52 by C$0.05. Torex Gold Resources had a net margin of 20.14% and a return on equity of 12.37%. The business had revenue of C$318.84 million for the quarter.
Torex Gold Resources Price Performance
TXG opened at C$23.00 on Monday. The company has a current ratio of 1.07, a quick ratio of 2.12 and a debt-to-equity ratio of 2.86. The stock has a fifty day simple moving average of C$21.11 and a two-hundred day simple moving average of C$18.09. Torex Gold Resources has a 12-month low of C$12.40 and a 12-month high of C$23.56. The company has a market cap of C$1.98 billion, a price-to-earnings ratio of 8.24, a price-to-earnings-growth ratio of 0.02 and a beta of 1.33.
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.
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