FY2027 Earnings Estimate for TSE:TXG Issued By Desjardins

Torex Gold Resources Inc. (TSE:TXG) – Research analysts at Desjardins issued their FY2027 earnings per share estimates for Torex Gold Resources in a research report issued to clients and investors on Wednesday, May 7th. Desjardins analyst A. Carson expects that the company will earn $4.79 per share for the year. Desjardins currently has a “Buy” rating on the stock. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share.

Other equities research analysts have also issued reports about the company. BMO Capital Markets increased their price target on Torex Gold Resources from C$44.00 to C$56.00 in a research report on Friday, May 2nd. Cormark increased their price target on Torex Gold Resources from C$46.00 to C$55.00 in a research note on Monday, April 14th. CIBC upgraded Torex Gold Resources from a “neutral” rating to an “outperform” rating and raised their target price for the stock from C$42.00 to C$58.00 in a research note on Monday, April 14th. Cibc World Mkts upgraded Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. Finally, Raymond James raised their target price on Torex Gold Resources from C$34.00 to C$47.00 in a research note on Friday, April 4th. Six equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of C$47.19.

Torex Gold Resources Trading Up 0.2%

TSE TXG opened at C$44.56 on Monday. The firm has a market capitalization of C$2.70 billion, a P/E ratio of 23.96, a PEG ratio of 0.02 and a beta of 1.34. The business has a fifty day simple moving average of C$40.09 and a 200 day simple moving average of C$33.47. Torex Gold Resources has a 12 month low of C$19.01 and a 12 month high of C$49.07. The company has a current ratio of 1.00, a quick ratio of 2.12 and a debt-to-equity ratio of 8.09.

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.