Torex Gold Resources Inc. (TSE:TXG - Free Report) - Equities researchers at Cormark boosted their Q3 2025 EPS estimates for shares of Torex Gold Resources in a note issued to investors on Thursday, January 16th. Cormark analyst R. Gray now expects that the company will post earnings of $1.31 per share for the quarter, up from their previous forecast of $1.19. The consensus estimate for Torex Gold Resources' current full-year earnings is $3.63 per share. Cormark also issued estimates for Torex Gold Resources' Q4 2025 earnings at $1.32 EPS, FY2025 earnings at $4.20 EPS and FY2026 earnings at $4.00 EPS.
Torex Gold Resources (TSE:TXG - Get Free Report) last announced its earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share for the quarter, beating the consensus estimate of C$0.82 by C$0.20. Torex Gold Resources had a return on equity of 7.12% and a net margin of 11.16%. The company had revenue of C$427.96 million during the quarter.
TXG has been the topic of a number of other reports. Royal Bank of Canada upped their target price on Torex Gold Resources from C$34.00 to C$37.00 in a research report on Friday, December 6th. TD Securities upped their price target on shares of Torex Gold Resources from C$34.00 to C$38.00 in a report on Friday, October 18th. CIBC increased their price objective on shares of Torex Gold Resources from C$33.00 to C$34.50 in a research note on Monday, December 2nd. Scotiabank boosted their target price on shares of Torex Gold Resources from C$33.00 to C$37.00 in a research report on Thursday, November 21st. Finally, National Bankshares upgraded shares of Torex Gold Resources from a "sector perform" rating to an "outperform" rating and upped their target price for the company from C$31.25 to C$37.75 in a research note on Thursday, October 10th. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of C$34.81.
Read Our Latest Stock Report on Torex Gold Resources
Torex Gold Resources Stock Up 0.9 %
TXG traded up C$0.26 on Friday, reaching C$27.97. The company's stock had a trading volume of 271,753 shares, compared to its average volume of 224,570. Torex Gold Resources has a 1 year low of C$12.79 and a 1 year high of C$32.75. The business's 50 day moving average is C$28.69 and its 200 day moving average is C$26.35. The company has a debt-to-equity ratio of 7.32, a current ratio of 1.09 and a quick ratio of 2.12. The stock has a market cap of C$2.40 billion, a price-to-earnings ratio of 16.85, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34.
About Torex Gold Resources
(
Get Free Report)
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.
See Also
Before you consider Torex Gold Resources, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Torex Gold Resources wasn't on the list.
While Torex Gold Resources currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
