Cormark Expects Higher Earnings for Torex Gold Resources

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Equities research analysts at Cormark boosted their Q3 2025 earnings per share estimates for Torex Gold Resources in a research report issued on Monday, June 9th. Cormark analyst R. Gray now anticipates that the company will post earnings of $1.63 per share for the quarter, up from their prior 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.

TXG has been the topic of several other reports. TD Securities boosted their price target on Torex Gold Resources from C$39.00 to C$57.00 in a research note on Tuesday, April 15th. BMO Capital Markets boosted their price target on Torex Gold Resources from C$44.00 to C$56.00 in a research note on Friday, May 2nd. Scotiabank boosted their price target on Torex Gold Resources from C$48.00 to C$50.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. National Bankshares set a C$70.00 price target on Torex Gold Resources and gave the company an "outperform" rating in a research note on Thursday, June 5th. Finally, CIBC raised Torex Gold Resources from a "neutral" rating to an "outperform" rating and boosted their price target for the company from C$42.00 to C$58.00 in a research note on Monday, April 14th. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Torex Gold Resources has a consensus rating of "Buy" and an average price target of C$55.00.

Torex Gold Resources Trading Up 0.1%

TXG traded up C$0.04 during trading on Tuesday, hitting C$48.33. The company's stock had a trading volume of 399,228 shares, compared to its average volume of 327,865. Torex Gold Resources has a twelve month low of C$19.01 and a twelve month high of C$49.25. The company has a quick ratio of 2.12, a current ratio of 1.00 and a debt-to-equity ratio of 8.09. The stock's fifty day moving average price is C$44.15 and its 200-day moving average price is C$35.94. The firm has a market capitalization of C$2.93 billion, a P/E ratio of 25.99, a PEG ratio of 0.02 and a beta of 1.34.

Torex Gold Resources Company Profile

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.