Q3 EPS Estimates for Torex Gold Resources Raised by Cormark

Torex Gold Resources Inc. (TSE:TXG) – Cormark upped their Q3 2025 earnings per share (EPS) estimates for shares of Torex Gold Resources in a research note issued on Thursday, January 16th. Cormark analyst R. Gray now expects that the company will post earnings per share of $1.31 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.

A number of other equities research analysts have also recently issued reports on TXG. National Bankshares raised 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 report on Thursday, October 10th. TD Securities upped their price objective on Torex Gold Resources from C$34.00 to C$38.00 in a research note on Friday, October 18th. Raymond James lifted their target price on Torex Gold Resources from C$33.00 to C$34.00 in a research note on Tuesday, January 7th. CIBC increased their price target on Torex Gold Resources from C$33.00 to C$34.50 in a research note on Monday, December 2nd. Finally, National Bank Financial raised shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of C$34.81.

Torex Gold Resources Price Performance

Shares of TXG opened at C$27.97 on Friday. The company has a current ratio of 1.09, a quick ratio of 2.12 and a debt-to-equity ratio of 7.32. The company’s fifty day simple moving average is C$28.69 and its 200 day simple moving average is C$26.35. Torex Gold Resources has a 1-year low of C$12.79 and a 1-year high of C$32.75. The company has a market cap of C$2.40 billion, a price-to-earnings ratio of 16.85, a PEG ratio of 0.02 and a beta of 1.34.

Torex Gold Resources (TSE:TXG) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share for the quarter, topping the consensus estimate 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

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.