Torex Gold Resources Inc. (TSE:TXG - Free Report) - Scotiabank boosted their FY2026 earnings per share (EPS) estimates for Torex Gold Resources in a report released on Thursday, April 23rd. Scotiabank analyst E. Winmill now forecasts that the company will earn $6.36 per share for the year, up from their previous forecast of $6.28. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share.
TXG has been the subject of several other research reports. TD Securities raised their target price on shares of Torex Gold Resources from C$78.00 to C$96.00 in a research note on Thursday, January 22nd. Canadian Imperial Bank of Commerce boosted their price target on shares of Torex Gold Resources from C$90.00 to C$100.00 in a research note on Wednesday, February 4th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Torex Gold Resources currently has a consensus rating of "Buy" and an average target price of C$80.67.
Read Our Latest Stock Analysis on TXG
Torex Gold Resources Stock Performance
TSE:TXG opened at C$59.23 on Tuesday. The company has a debt-to-equity ratio of 8.34, a current ratio of 1.16 and a quick ratio of 2.12. The firm has a market cap of C$5.65 billion, a price-to-earnings ratio of 13.08, a price-to-earnings-growth ratio of 0.02 and a beta of 1.84. The firm's fifty day moving average price is C$66.41 and its 200 day moving average price is C$65.70. Torex Gold Resources has a 1-year low of C$38.80 and a 1-year high of C$85.00.
Torex Gold Resources Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Thursday, March 19th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Thursday, March 5th. Torex Gold Resources's dividend payout ratio is currently 2.37%.
Torex Gold Resources Company Profile
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Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, which is currently Mexico's largest single gold producer.
Further Reading
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