Cormark Expects Stronger Earnings for Torex Gold Resources

Torex Gold Resources Inc. (TSE:TXG) – Analysts at Cormark upped their FY2025 earnings per share estimates for Torex Gold Resources in a note issued to investors on Monday, March 24th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $3.63 for the year, up from their previous forecast of $3.61. 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 $1.16 EPS.

A number of other equities research analysts also recently commented on the stock. CIBC raised their price objective on shares of Torex Gold Resources from C$36.00 to C$42.00 in a research report on Friday, February 21st. Raymond James raised their price target on Torex Gold Resources from C$33.00 to C$34.00 in a report on Tuesday, January 7th. BMO Capital Markets upped their price objective on Torex Gold Resources from C$36.00 to C$38.00 in a report on Thursday, February 20th. Finally, Royal Bank of Canada increased their price objective on Torex Gold Resources from C$34.00 to C$37.00 in a research report on Friday, December 6th. 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, Torex Gold Resources has an average rating of “Buy” and a consensus price target of C$36.53.

Torex Gold Resources Stock Down 3.0 %

Shares of TSE:TXG opened at C$37.37 on Wednesday. Torex Gold Resources has a fifty-two week low of C$18.13 and a fifty-two week high of C$39.40. The company has a quick ratio of 2.12, a current ratio of 1.00 and a debt-to-equity ratio of 8.09. The firm’s 50-day simple moving average is C$32.72 and its 200-day simple moving average is C$29.71. The company has a market cap of C$2.27 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 0.02 and a beta of 1.34.

Insider Buying and Selling at Torex Gold Resources

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