Torex Gold Resources Inc. (TSE:TXG – Free Report) – Research analysts at Cormark reduced their Q4 2024 earnings per share estimates for shares of Torex Gold Resources in a report released on Thursday, October 10th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $0.31 for the quarter, down from their prior forecast of $0.38. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.45 per share. Cormark also issued estimates for Torex Gold Resources’ FY2025 earnings at $4.07 EPS and FY2027 earnings at $3.96 EPS.
Torex Gold Resources (TSE:TXG – Get Free Report) last released its earnings results on Wednesday, August 7th. The company reported C$0.82 earnings per share for the quarter, beating the consensus estimate of C$0.70 by C$0.12. The company had revenue of C$369.83 million for the quarter. Torex Gold Resources had a return on equity of 7.12% and a net margin of 11.16%.
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Torex Gold Resources Price Performance
TSE TXG opened at C$29.14 on Monday. The company has a market capitalization of C$2.51 billion, a PE ratio of 17.99, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The company has a debt-to-equity ratio of 7.32, a quick ratio of 2.12 and a current ratio of 1.09. The business’s fifty day moving average is C$25.19 and its 200 day moving average is C$22.30. Torex Gold Resources has a fifty-two week low of C$12.40 and a fifty-two week high of C$29.97.
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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