Torex Gold Q2 adjusted EBITDA misses analyst expectations

Torex Resources

06/08/2025 23:10

Overview

Torex Gold Q2 revenue at $253.9 mln, net income $83.2 mln

Adjusted EBITDA of $117.7 mln missed analyst expectations, per LSEG data

Outlook

Torex targets lower end of 400,000-450,000 oz AuEq production guidance

Company expects all-in sustaining costs at upper end of $1,400-$1,600/oz AuEq

Torex anticipates increasing positive free cash flow through 2025

Result Drivers

MEDIA LUNA RAMP-UP - Declared commercial production at Media Luna on May 1, contributing to increased production

UNPLANNED DOWNTIME - Experienced 10 days of unplanned downtime in May

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$253.90 mln
Q2 Adjusted Net Income
$43.80 mln
Q2 Net Income
$83.20 mln
Q2 Adjusted EBITDA
Miss
$117.70 mln
$127 mln (1 Analyst)
Q2 EBITDA
$114.10 mln
Q2 Free Cash Flow
-$37.50 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the gold peer group is "buy"

Wall Street's median 12-month price target for Torex Gold Resources Inc is C$64.00, about 34.3% above its August 6 closing price of C$42.08

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nNFC2qmGdW

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)