US EditionTorex Gold Resources Inc. (TSX:TXG) - Higher Costs Weigh on Q2/25 Earnings: Expect Rebound in H2 - Research Portal
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Torex Gold Resources Inc. (TSX:TXG) - Higher Costs Weigh on Q2/25 Earnings: Expect Rebound in H2 - Research Portal
Torex (TXG) reported Q2/25 production and financial results. Adjusted EPS of US$0.50 (+22% QoQ, -17% YoY) missed our estimate of US$0.68, primarily because of higher AISC of US$2,103/oz AuEq sold (+50% QoQ, +67% YoY). The increase in unit costs was driven by lower production resulting from a 10-day downtime caused by a capacitor failure in the ball mill e-house. Despite these challenges, Torex managed to turn cash flow positive in June. Managemen
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