Torex Gold Resources Inc. (TSE:TXG - Free Report) - Cormark increased their Q3 2025 EPS estimates for shares of Torex Gold Resources in a report released on Monday, June 9th. Cormark analyst R. Gray now anticipates that the company will post earnings per share of $1.63 for the quarter, up from their previous forecast of $1.60. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. Cormark also issued estimates for Torex Gold Resources' Q4 2025 earnings at $1.89 EPS.
Other equities analysts have also issued research reports about the company. Raymond James increased their target price on Torex Gold Resources from C$34.00 to C$47.00 in a research note on Friday, April 4th. Cibc World Mkts raised shares of Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a research report on Monday, April 14th. CIBC upgraded Torex Gold Resources from a "neutral" rating to an "outperform" rating and increased their price objective for the stock from C$42.00 to C$58.00 in a report on Monday, April 14th. Desjardins set a C$60.00 target price on shares of Torex Gold Resources and gave the company a "buy" rating in a research report on Thursday, June 5th. Finally, BMO Capital Markets increased their price objective on Torex Gold Resources from C$44.00 to C$56.00 in a report on Friday, May 2nd. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat, Torex Gold Resources currently has a consensus rating of "Buy" and a consensus price target of C$54.50.
Get Our Latest Stock Analysis on TXG
Torex Gold Resources Trading Down 0.6%
Torex Gold Resources stock traded down C$0.26 during trading hours on Tuesday, reaching C$44.75. 236,966 shares of the company's stock traded hands, compared to its average volume of 327,355. The firm's 50 day moving average is C$43.37 and its 200-day moving average is C$35.57. Torex Gold Resources has a fifty-two week low of C$19.01 and a fifty-two week high of C$49.07. The firm has a market capitalization of C$2.71 billion, a price-to-earnings ratio of 24.06, a PEG ratio of 0.02 and a beta of 1.34. The company has a debt-to-equity ratio of 8.09, a quick ratio of 2.12 and a current ratio of 1.00.
About Torex Gold Resources
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Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala.
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