Cormark Expects Increased Earnings for Torex Gold Resources

Torex Gold Resources Inc. (TSE:TXG) – Investment analysts at Cormark raised their Q3 2025 earnings per share estimates for shares of Torex Gold Resources in a report issued on Monday, June 9th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $1.63 for the quarter, up from their previous estimate of $1.60. 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 $1.89 EPS.

TXG has been the subject of several other reports. BMO Capital Markets raised their target price on Torex Gold Resources from C$44.00 to C$56.00 in a research report on Friday, May 2nd. TD Securities raised their target price on Torex Gold Resources from C$39.00 to C$57.00 in a research report on Tuesday, April 15th. Raymond James raised their target price on Torex Gold Resources from C$34.00 to C$47.00 in a research report on Friday, April 4th. Cibc World Mkts raised Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 14th. Finally, CIBC raised Torex Gold Resources from a “neutral” rating to an “outperform” rating and raised their target price for the company from C$42.00 to C$58.00 in a research report on Monday, April 14th. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of C$54.50.

Torex Gold Resources Trading Down 0.6%

Shares of Torex Gold Resources stock opened at C$44.75 on Tuesday. Torex Gold Resources has a 1 year low of C$19.01 and a 1 year high of C$49.07. The firm has a market cap of C$2.71 billion, a PE ratio of 24.06, a P/E/G ratio of 0.02 and a beta of 1.34. The stock has a fifty day moving average price of C$43.48 and a 200-day moving average price of C$35.67. The company has a debt-to-equity ratio of 8.09, a current ratio of 1.00 and a quick ratio of 2.12.

Torex Gold Resources Company Profile

Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala.