Cormark Predicts Increased Earnings for Torex Gold Resources

Key Points

• Cormark has raised its Q3 2025 earnings per share (EPS) estimates for Torex Gold Resources from $1.59 to $1.66, predicting full-year earnings of $3.63 per share.
• Analysts have generally increased their price targets for Torex Gold Resources, with Canaccord Genuity raising it from C$64.00 to C$77.00, highlighting a positive outlook for the company.
• Torex Gold Resources' shares are currently trading at C$63.03, with a market capitalization of C$5.43 billion and a price-to-earnings ratio of 25.94.

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Stock analysts at Cormark boosted their Q3 2025 EPS estimates for shares of Torex Gold Resources in a note issued to investors on Tuesday, October 7th. Cormark analyst R. Gray now expects that the company will earn $1.66 per share for the quarter, up from their prior forecast of $1.59. 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 $1.81 EPS.

Several other equities research analysts also recently issued reports on TXG. Canaccord Genuity Group raised their target price on shares of Torex Gold Resources from C$64.00 to C$77.00 in a research note on Thursday, October 2nd. Raymond James Financial raised their target price on shares of Torex Gold Resources from C$55.00 to C$58.00 in a research note on Thursday, August 21st. National Bankshares increased their price target on shares of Torex Gold Resources from C$71.00 to C$75.00 and gave the company an "outperform" rating in a report on Wednesday, September 24th. TD Securities lowered their price target on shares of Torex Gold Resources from C$64.00 to C$62.00 and set a "buy" rating on the stock in a report on Friday, August 8th. Finally, Desjardins increased their price target on shares of Torex Gold Resources from C$63.00 to C$65.00 and gave the company a "buy" rating in a report on Tuesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating and five have given a Buy rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of C$62.10.

Torex Gold Resources Trading Up 4.9%

Shares of TSE:TXG opened at C$63.03 on Thursday. Torex Gold Resources has a 52-week low of C$25.96 and a 52-week high of C$64.00. The company has a market capitalization of C$5.43 billion, a P/E ratio of 25.94, a price-to-earnings-growth ratio of 0.02 and a beta of 0.87. The company has a 50-day simple moving average of C$49.28 and a 200 day simple moving average of C$45.28. 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

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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