What is Scotiabank’s Estimate for TSE:TXG FY2026 Earnings?

Torex Gold Resources Inc. (TSE:TXG) – Stock analysts at Scotiabank raised their FY2026 EPS estimates for shares of Torex Gold Resources in a research report issued on Wednesday, March 19th. Scotiabank analyst E. Winmill now expects that the company will post earnings per share of $3.33 for the year, up from their previous estimate of $3.11. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share.

TXG has been the subject of a number of other research reports. BMO Capital Markets raised their price objective on shares of Torex Gold Resources from C$36.00 to C$38.00 in a report on Thursday, February 20th. CIBC boosted their price objective on Torex Gold Resources from C$36.00 to C$42.00 in a research note on Friday, February 21st. Raymond James upped their target price on shares of Torex Gold Resources from C$33.00 to C$34.00 in a report on Tuesday, January 7th. Finally, Royal Bank of Canada raised their price target on Torex Gold Resources from C$34.00 to C$37.00 in a report on Friday, December 6th. Four investment analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Torex Gold Resources currently has a consensus rating of “Buy” and an average price target of C$36.53.

Torex Gold Resources Stock Performance

Shares of Torex Gold Resources stock opened at C$38.52 on Monday. Torex Gold Resources has a 12 month low of C$17.96 and a 12 month high of C$38.70. The firm has a market capitalization of C$2.34 billion, a P/E ratio of 20.71, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The business’s fifty day simple moving average is C$32.55 and its 200 day simple moving average is C$29.63. The company has a current ratio of 1.00, a quick ratio of 2.12 and a debt-to-equity ratio of 8.09.

Insider Transactions at Torex Gold Resources

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

About Torex Gold Resources

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.