Equities Analysts Issue Forecasts for TSE:TXG Q3 Earnings

Torex Gold Resources Inc. (TSE:TXG) – Analysts at Cormark dropped their Q3 2025 earnings per share estimates for shares of Torex Gold Resources in a research note issued to investors on Tuesday, June 24th. Cormark analyst R. Gray now forecasts that the company will post earnings per share of $1.62 for the quarter, down from their prior estimate 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.

TXG has been the topic of a number of other reports. Cibc World Mkts raised Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 14th. BMO Capital Markets raised their price target on Torex Gold Resources from C$44.00 to C$56.00 in a research note on Friday, May 2nd. CIBC raised Torex Gold Resources from a “neutral” rating to an “outperform” rating and raised their price target for the stock from C$42.00 to C$58.00 in a research note on Monday, April 14th. Scotiabank raised their price target on 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. Finally, TD Securities raised their price target on Torex Gold Resources from C$39.00 to C$57.00 in a research note on Tuesday, April 15th. Six analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of C$55.00.

Torex Gold Resources Stock Down 3.9%

Shares of TSE:TXG opened at C$42.38 on Thursday. The stock’s 50-day moving average price is C$44.56 and its two-hundred day moving average price is C$36.97. The company has a current ratio of 1.00, a quick ratio of 2.12 and a debt-to-equity ratio of 8.09. 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$2.57 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 0.02 and a beta of 1.34.

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.