TSE:TXG FY2026 EPS Reduced by National Bank Financial

Torex Gold Resources Inc. (TSE:TXG) – Analysts at National Bank Financial decreased their FY2026 earnings per share estimates for Torex Gold Resources in a research report issued on Tuesday, February 25th. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $4.42 per share for the year, down from their previous 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 equities analysts also recently commented on the stock. Raymond James upped their price target on shares of Torex Gold Resources from C$33.00 to C$34.00 in a report on Tuesday, January 7th. Scotiabank lifted their price objective on shares of Torex Gold Resources from C$33.00 to C$37.00 in a research note on Thursday, November 21st. BMO Capital Markets boosted their price objective on Torex Gold Resources from C$36.00 to C$38.00 in a report on Thursday, February 20th. Royal Bank of Canada raised their target price on Torex Gold Resources from C$34.00 to C$37.00 in a report on Friday, December 6th. Finally, CIBC boosted their price target on Torex Gold Resources from C$36.00 to C$42.00 in a report on Friday, February 21st. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$36.53.

Torex Gold Resources Stock Down 2.8 %

TXG opened at C$31.66 on Thursday. The company has a market capitalization of C$1.92 billion, a PE ratio of 17.02, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. Torex Gold Resources has a 52 week low of C$13.49 and a 52 week high of C$35.89. The firm has a 50-day simple moving average of C$30.45 and a two-hundred day simple moving average of C$28.40. The company has a quick ratio of 2.12, a current ratio of 1.00 and a debt-to-equity ratio of 8.09.

Insider Buying and Selling at Torex Gold Resources

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