Cormark Lifts Earnings Estimates for Torex Gold Resources

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

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

Torex Gold Resources Trading Up 2.7 %

Shares of TSE TXG opened at C$38.39 on Wednesday. The business’s 50 day moving average price is C$32.93 and its 200-day moving average price is C$29.81. Torex Gold Resources has a fifty-two week low of C$18.79 and a fifty-two week high of C$39.40. The company has a debt-to-equity ratio of 8.09, a quick ratio of 2.12 and a current ratio of 1.00. The company has a market cap of C$2.33 billion, a price-to-earnings ratio of 20.64, a PEG ratio of 0.02 and a beta of 1.34.

Insider Buying and Selling at Torex Gold Resources

In other Torex Gold Resources news, Senior Officer Faysal Abhem Rodriguez Valenzuela sold 5,623 shares of the company’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 transaction of C$162,898.31. Also, Director Caroline Donally purchased 1,000 shares of the firm’s stock in a transaction on Monday, January 20th. The stock was bought at an average cost of C$27.91 per share, with a total value of C$27,908.00. 0.35% of the stock is currently owned by company insiders.

Torex Gold Resources Company Profile

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.