Torex Gold Resources Inc. (TSE:TXG - Free Report) - Stock analysts at Scotiabank issued their FY2026 earnings estimates for Torex Gold Resources in a research report issued on Wednesday, January 8th. Scotiabank analyst E. Winmill forecasts that the company will post earnings of $3.11 per share for the year. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share.
A number of other analysts also recently issued reports on TXG. National Bank Financial raised shares of Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 9th. Raymond James increased their target price on shares of Torex Gold Resources from C$33.00 to C$34.00 in a research note on Tuesday, January 7th. TD Securities lifted their price target on Torex Gold Resources from C$34.00 to C$38.00 in a research note on Friday, October 18th. National Bankshares upgraded Torex Gold Resources from a "sector perform" rating to an "outperform" rating and increased their price target for the stock from C$31.25 to C$37.75 in a research report on Thursday, October 10th. Finally, CIBC boosted their price objective on Torex Gold Resources from C$33.00 to C$34.50 in a research report on Monday, December 2nd. Four research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of C$34.81.
View Our Latest Analysis on Torex Gold Resources
Torex Gold Resources Trading Down 1.1 %
Torex Gold Resources stock opened at C$28.78 on Monday. The firm has a market cap of C$2.47 billion, a PE ratio of 17.34, a P/E/G ratio of 0.02 and a beta of 1.34. Torex Gold Resources has a 12 month low of C$12.79 and a 12 month high of C$32.75. The stock's 50 day simple moving average is C$28.81 and its two-hundred day simple moving average is C$26.17. The company has a current ratio of 1.09, a quick ratio of 2.12 and a debt-to-equity ratio of 7.32.
Torex Gold Resources (TSE:TXG - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported C$1.02 EPS for the quarter, topping analysts' consensus estimates of C$0.82 by C$0.20. The firm had revenue of C$427.96 million for the quarter. Torex Gold Resources had a return on equity of 7.12% and a net margin of 11.16%.
About Torex Gold Resources
(
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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.
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