FY2026 EPS Estimates for TSE:TXG Decreased by Analyst

Torex Gold Resources Inc. (TSE:TXG) – Equities research analysts at National Bank Financial dropped their FY2026 EPS estimates for shares of Torex Gold Resources in a note issued to investors on Tuesday, February 25th. National Bank Financial analyst D. Demarco now forecasts that the company will post earnings of $4.42 per share for the year, down from their previous estimate of $4.50. 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’ FY2027 earnings at $3.86 EPS.

Other equities analysts have also issued research reports about the company. CIBC lifted their price target on Torex Gold Resources from C$36.00 to C$42.00 in a research note on Friday, February 21st. Scotiabank boosted their target price on Torex Gold Resources from C$33.00 to C$37.00 in a research note on Thursday, November 21st. Royal Bank of Canada increased their target price on shares of Torex Gold Resources from C$34.00 to C$37.00 in a report on Friday, December 6th. BMO Capital Markets lifted their price target on shares of Torex Gold Resources from C$36.00 to C$38.00 in a report on Thursday, February 20th. Finally, Raymond James increased their price objective on shares of Torex Gold Resources from C$33.00 to C$34.00 in a research note on Tuesday, January 7th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Torex Gold Resources has an average rating of “Buy” and an average price target of C$36.53.

Torex Gold Resources Stock Down 0.2 %

Shares of TXG opened at C$31.59 on Thursday. The firm has a 50 day simple moving average of C$30.45 and a two-hundred day simple moving average of C$28.40. The company has a debt-to-equity ratio of 8.09, a current ratio of 1.00 and a quick ratio of 2.12. Torex Gold Resources has a one year low of C$13.92 and a one year high of C$35.89. The company has a market cap of C$1.92 billion, a P/E ratio of 16.98, a P/E/G ratio of 0.02 and a beta of 1.34.

Insider Buying and Selling

In other Torex Gold Resources news, Senior Officer Faysal Abhem Rodriguez Valenzuela sold 5,623 shares of the company’s stock in a transaction dated Tuesday, January 21st. The stock was sold at an average price of C$28.97, for a total value of C$162,898.31. Also, Director Caroline Donally acquired 1,000 shares of the stock in a transaction dated Monday, January 20th. The shares were bought at an average price of C$27.91 per share, with a total value of C$27,908.00. 0.35% of the stock is owned by corporate insiders.

Torex Gold Resources Company Profile

Torex Gold Resources Inc operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City.