What is Scotiabank’s Estimate for TSE:TXG FY2026 Earnings?

Torex Gold Resources Inc. (TSE:TXG) – Analysts at Scotiabank cut their FY2026 earnings per share estimates for Torex Gold Resources in a note issued to investors on Wednesday, February 11th. Scotiabank analyst E. Winmill now anticipates that the company will post earnings of $6.87 per share for the year, down from their previous estimate of $6.94. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share.

TXG has been the subject of several other research reports. Canadian Imperial Bank of Commerce upped their price objective on shares of Torex Gold Resources from C$90.00 to C$100.00 in a research report on Wednesday, February 4th. Royal Bank Of Canada boosted their target price on shares of Torex Gold Resources from C$77.00 to C$94.00 in a research report on Wednesday, December 10th. National Bank Financial reduced their price target on shares of Torex Gold Resources from C$90.00 to C$85.00 and set an “outperform” rating on the stock in a research report on Tuesday, December 9th. Finally, TD Securities lifted their price objective on shares of Torex Gold Resources from C$78.00 to C$96.00 in a research note on Thursday, January 22nd. Five equities research analysts have rated the stock with a Buy rating, According to MarketBeat, Torex Gold Resources has an average rating of “Buy” and an average price target of C$78.10.

Torex Gold Resources Stock Performance

TXG opened at C$61.00 on Monday. The company has a debt-to-equity ratio of 8.09, a quick ratio of 2.12 and a current ratio of 1.00. Torex Gold Resources has a 52-week low of C$30.66 and a 52-week high of C$84.61. The firm has a market cap of C$5.87 billion, a P/E ratio of 17.94, a price-to-earnings-growth ratio of 0.02 and a beta of 1.13. The business’s fifty day moving average is C$68.34 and its 200-day moving average is C$59.67.

Torex Gold Resources Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, December 4th were issued a $0.15 dividend. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.0%.

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. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project, which is at an advanced stage of exploration.