TSE:TXG FY2026 EPS Decreased by National Bank Financial

Torex Gold Resources Inc. (TSE:TXG - Free Report) - Analysts at National Bank Financial reduced their FY2026 EPS estimates for Torex Gold Resources in a research report issued to clients and investors on Tuesday, February 25th. National Bank Financial analyst D. Demarco now anticipates that the company will post earnings per share of $4.42 for the year, down from their prior forecast 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.

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

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Torex Gold Resources Trading Up 1.0 %

Shares of Torex Gold Resources stock traded up C$0.31 during trading on Thursday, reaching C$31.90. The company's stock had a trading volume of 237,786 shares, compared to its average volume of 274,243. 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 has a 52-week low of C$15.35 and a 52-week high of C$35.89. The firm's 50-day moving average is C$30.51 and its two-hundred day moving average is C$28.58. The company has a market cap of C$1.93 billion, a price-to-earnings ratio of 17.15, a PEG ratio of 0.02 and a beta of 1.34.

Insider Buying and Selling at Torex Gold Resources

In related news, Director Caroline Donally purchased 1,000 shares of the business's stock in a transaction that occurred on Monday, January 20th. The shares were bought at an average price of C$27.91 per share, for a total transaction of C$27,908.00. Also, Senior Officer Faysal Abhem Rodriguez Valenzuela sold 5,623 shares of the firm's stock in a transaction that occurred on Tuesday, January 21st. The shares were sold at an average price of C$28.97, for a total value of C$162,898.31. 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.