Torex Gold Resources Inc. (TSE:TXG – Free Report) – Equities research analysts at Cormark lowered their Q1 2024 EPS estimates for shares of Torex Gold Resources in a report issued on Monday, April 22nd. Cormark analyst R. Gray now expects that the company will post earnings per share of $0.52 for the quarter, down from their prior forecast of $0.66. The consensus estimate for Torex Gold Resources’ current full-year earnings is $2.01 per share.
Torex Gold Resources (TSE:TXG – Get Free Report) last announced its earnings results on Wednesday, February 21st. The company reported C$0.77 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of C$0.98 by C($0.21). Torex Gold Resources had a return on equity of 14.68% and a net margin of 23.16%. The firm had revenue of C$384.49 million for the quarter.
View Our Latest Research Report on Torex Gold Resources
Torex Gold Resources Stock Up 1.6 %
Shares of TSE TXG opened at C$19.76 on Wednesday. The firm has a market cap of C$1.70 billion, a P/E ratio of 6.21, a price-to-earnings-growth ratio of 0.02 and a beta of 1.18. The firm’s 50 day moving average price is C$17.70 and its 200 day moving average price is C$15.31. Torex Gold Resources has a 1 year low of C$12.40 and a 1 year high of C$25.40. The company has a debt-to-equity ratio of 2.14, a quick ratio of 2.12 and a current ratio of 1.44.
Insider Buying and Selling
In related news, Director Rodrigo Sandoval Navarro bought 5,000 shares of the company’s stock in a transaction dated Monday, February 26th. The stock was bought at an average price of C$9.97 per share, with a total value of C$49,843.00. 0.22% of the stock is currently owned by insiders.
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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