Torex Gold Resources Inc reports results for the quarter ended in March - Earnings Summary

Torex Resources

12/05/2022 05:08

* Torex Gold Resources Inc  TXG.TO  reported quarterly
adjusted
earnings of 43 cents​​ per share for the quarter ended in March.
The mean expectation of seven analysts for the quarter was
for earnings of 41 cents per share.
    * Revenue fell 10.2% to $207.70 million from a year ago; 
analysts
expected $207.00 million. 
    * Torex Gold Resources Inc's reported EPS for the quarter
was 46
cents​.
    * The mean earnings estimate of analysts had fallen by
about 9.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Torex Gold Resources Inc shares had fallen by 21.7% this
quarter and lost 6.5% so far this year.
    * The company reported quarterly net income of $40 million.
    * Wall Street's median 12-month price target for Torex Gold
Resources Inc is C$22.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 12 at 04:08 a.m.  ​All
figures in US dollars unless otherwise stated