Cormark Analysts Reduce Earnings Estimates for TSE:TXG

Torex Gold Resources Inc. (TSE:TXG) – Research analysts at Cormark decreased their Q3 2025 EPS estimates for shares of Torex Gold Resources in a research report issued on Tuesday, February 25th. Cormark analyst R. Gray now expects that the company will post earnings per share of $1.14 for the quarter, down from their previous estimate of $1.31. 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 $1.15 EPS and FY2025 earnings at $3.61 EPS.

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

Torex Gold Resources Price Performance

Shares of TSE TXG opened at C$32.58 on Thursday. Torex Gold Resources has a fifty-two week low of C$13.33 and a fifty-two week high of C$35.89. The firm’s 50-day simple moving average is C$30.38 and its 200 day simple moving average is C$28.32. 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 stock has a market cap of C$1.98 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 0.02 and a beta of 1.34.

Insider Activity

In other news, Director Caroline Donally purchased 1,000 shares of Torex Gold Resources stock in a transaction dated Monday, January 20th. The stock was purchased at an average cost of C$27.91 per share, for a total transaction of C$27,908.00. Also, Senior Officer Faysal Abhem Rodriguez Valenzuela sold 5,623 shares of Torex Gold Resources stock in a transaction on Tuesday, January 21st. The stock was sold at an average price of C$28.97, for a total transaction of C$162,898.31. Company insiders own 0.35% of the company’s stock.

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.