National Bank Financial Weighs in on TSE:TXG Q3 Earnings

Key Points

• National Bank Financial forecasts Torex Gold Resources' Q3 2025 earnings at $2.01 EPS, with a full-year estimate of $3.63 EPS.
• Several research firms have raised their target prices for Torex Gold, with Raymond James increasing their target from C$47.00 to C$55.00 and Desjardins from C$63.00 to C$65.00.
• Currently, Torex Gold Resources has a consensus rating of "Buy" from analysts and a consensus target price of C$59.56.

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Research analysts at National Bank Financial issued their Q3 2025 EPS estimates for shares of Torex Gold Resources in a research report issued to clients and investors on Sunday, August 10th. National Bank Financial analyst D. Demarco forecasts that the company will post earnings per share of $2.01 for the quarter. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. National Bank Financial also issued estimates for Torex Gold Resources' Q4 2025 earnings at $2.29 EPS, FY2025 earnings at $5.56 EPS, FY2026 earnings at $6.99 EPS and FY2027 earnings at $5.90 EPS.

A number of other analysts have also recently commented on the stock. Scotiabank lifted their target price on shares of Torex Gold Resources from C$48.00 to C$50.00 and gave the stock an "outperform" rating in a research note on Wednesday, June 4th. National Bankshares set a C$70.00 price target on shares of Torex Gold Resources and gave the stock an "outperform" rating in a research report on Thursday, June 5th. Desjardins raised their price target on shares of Torex Gold Resources from C$63.00 to C$65.00 and gave the stock a "buy" rating in a research report on Tuesday, July 29th. BMO Capital Markets raised their price target on shares of Torex Gold Resources from C$44.00 to C$56.00 in a research report on Friday, May 2nd. Finally, Royal Bank Of Canada raised their price target on shares of Torex Gold Resources from C$60.00 to C$65.00 in a research report on Thursday, June 12th. Seven analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of C$59.56.

Torex Gold Resources Stock Performance

TXG stock traded up C$0.57 during trading on Wednesday, reaching C$42.52. The company had a trading volume of 284,203 shares, compared to its average volume of 326,579. The firm has a 50-day simple moving average of C$43.30 and a 200-day simple moving average of C$40.42. The company has a market cap of C$2.58 billion, a price-to-earnings ratio of 22.86, a price-to-earnings-growth 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. Torex Gold Resources has a twelve month low of C$23.08 and a twelve month high of C$49.25.

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.