Q3 EPS Forecast for Torex Gold Resources Reduced by Analyst

Key Points

• Cormark has lowered its Q3 2025 EPS estimate for Torex Gold Resources to $1.59, reflecting a slight decrease from the previous forecast of $1.60.
• Research analysts are mixed in their assessments, with TD Securities reducing its target price while both CIBC and BMO Capital Markets raised their target prices for the stock.
• The stock currently has a consensus rating of "Buy" with a consensus price target of C$59.56, supported by multiple analysts giving it positive ratings.

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Research analysts at Cormark cut their Q3 2025 earnings per share estimates for shares of Torex Gold Resources in a research note issued on Friday, August 8th. Cormark analyst R. Gray now expects that the company will post earnings per share of $1.59 for the quarter, down from their prior estimate 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 $1.79 EPS, FY2026 earnings at $5.00 EPS and FY2027 earnings at $5.71 EPS.

Several other analysts have also weighed in on TXG. BMO Capital Markets lifted their price objective on Torex Gold Resources from C$44.00 to C$56.00 in a report on Friday, May 2nd. TD Securities cut their price objective on Torex Gold Resources from C$64.00 to C$62.00 and set a "buy" rating for the company in a research report on Friday, August 8th. National Bankshares set a C$70.00 target price on Torex Gold Resources and gave the stock an "outperform" rating in a research report on Thursday, June 5th. Scotiabank upped their price objective on Torex Gold Resources from C$48.00 to C$50.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. Finally, Raymond James Financial boosted their target price on Torex Gold Resources from C$47.00 to C$55.00 in a research note on Tuesday, July 29th. Seven research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of C$59.56.

Torex Gold Resources Stock Performance

TSE TXG traded down C$0.38 during trading on Monday, hitting C$42.24. The company's stock had a trading volume of 91,044 shares, compared to its average volume of 325,472. Torex Gold Resources has a 52 week low of C$23.08 and a 52 week high of C$49.25. The firm has a market cap of C$2.56 billion, a P/E ratio of 22.71, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The firm has a 50 day moving average price of C$43.48 and a 200 day moving average price of C$40.24. The company has a quick ratio of 2.12, a current ratio of 1.00 and a debt-to-equity ratio of 8.09.

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.