Research Analysts Set Expectations for TSE:TXG Q3 Earnings

Torex Gold Resources Inc. (TSE:TXG) – Analysts at Cormark cut their Q3 2025 earnings estimates for Torex Gold Resources in a research report issued on Tuesday, June 24th. Cormark analyst R. Gray now expects that the company will post earnings per share of $1.62 for the quarter, down from their prior forecast of $1.63. 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 $1.88 EPS.

A number of other equities analysts have also commented on the stock. TD Securities lifted their price target on shares of Torex Gold Resources from C$39.00 to C$57.00 in a research report on Tuesday, April 15th. Scotiabank raised their price objective on shares of Torex Gold Resources from C$48.00 to C$50.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 4th. National Bankshares set a C$70.00 price objective on shares of Torex Gold Resources and gave the stock an “outperform” rating in a research note on Thursday, June 5th. Cibc World Mkts upgraded shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. Finally, CIBC upgraded shares of Torex Gold Resources from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from C$42.00 to C$58.00 in a research note on Monday, April 14th. Six research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, Torex Gold Resources currently has a consensus rating of “Buy” and an average target price of C$55.00.

Torex Gold Resources Trading Up 0.2%

TSE:TXG opened at C$44.10 on Thursday. Torex Gold Resources has a 12 month low of C$19.01 and a 12 month high of C$49.25. The firm has a market cap of C$2.67 billion, a price-to-earnings ratio of 23.71, a P/E/G ratio of 0.02 and a beta of 1.34. 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 company’s 50 day moving average is C$44.66 and its 200-day moving average is C$36.88.

About Torex Gold Resources

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.