Education
About Us
Working with TipRanks
Follow Us
Torex Gold Resources (TSE:TXG)
TSX:TXG
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.92Last Year’s EPS
0.6Same Quarter Last Year
Strong Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 07, 2025
|% Change Since: 0.66%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call reflected significant achievements, including achieving commercial production at Media Luna and successful workforce transitions. However, these were balanced by higher costs expected in Q2 and a substantial debt drawdown. Overall, the sentiment is hopeful for improved performance in the latter half of 2025 as production stabilizes and costs decline.Company Guidance
During the Torex Gold Q1 2025 conference call, the company provided detailed guidance on various financial and operational metrics. The call highlighted the completion of major milestones, including the conclusion of construction and the commencement of commercial production at the Media Luna project on April 26th. Torex's all-in sustaining costs were reported at $1,405 per ounce for the first quarter, with expectations for costs to peak in Q2 due to the sales of higher-cost production from the commissioning phase. The company ended Q1 with $107 million in cash and drew $113 million on its credit facility to manage high tax and royalty payments during the quarter. Torex anticipates an increase in production levels through Q2 as Media Luna ramps up, with production stabilizing in Q3. The company expects to return to positive free cash flow by mid-2025 and plans to outline a return of capital policy to shareholders later this year. Additionally, Torex reported a 7% year-over-year growth in mineral reserves and is planning a significant increase in exploration activities with a budget of $45 million for 2025.Commercial Production Achieved at Media Luna
Torex Gold achieved commercial production at Media Luna on schedule with construction substantially complete and mining and mill throughput exceeding required thresholds.
Successful Workforce Transition
Successfully transitioned or recruited nearly 500 employees for Media Luna operations, maintaining a high level of local community recruitment.
7% Reserve Growth
Achieved a 7% year-over-year growth in mineral reserves, primarily due to EPO inclusion and ELG Underground depletion replacement.
Safety Program Enhancement
Launched a next-level safety program to re-establish Torex Gold as an industry leader in safety after a carbon monoxide incident.
Strong Liquidity Position
Ended the quarter with nearly $200 million in available liquidity and $107 million in cash.
TSE:TXG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:TXG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2025 | C$45.45 | C$44.45 | -2.20% |
Feb 19, 2025 | C$33.28 | C$35.12 | +5.53% |
Nov 06, 2024 | C$28.63 | C$30.74 | +7.37% |
Aug 07, 2024 | C$20.06 | C$20.69 | +3.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Torex Gold Resources (TSE:TXG) report earnings?
Torex Gold Resources (TSE:TXG) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Torex Gold Resources (TSE:TXG) earnings time?
Torex Gold Resources (TSE:TXG) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:TXG EPS forecast?
TSE:TXG EPS forecast for the fiscal quarter 2025 (Q2) is 0.92.