Cormark Predicts Increased Earnings for Torex Gold Resources

Torex Gold Resources Inc. (TSE:TXG) – Investment analysts at Cormark increased their FY2025 earnings per share (EPS) estimates for Torex Gold Resources in a note issued to investors on Monday, March 24th. Cormark analyst R. Gray now expects that the company will post earnings per share of $3.63 for the year, up from their prior estimate of $3.61. 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 $1.16 EPS.

A number of other equities analysts have also commented on the stock. 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. Raymond James lifted their target price on Torex Gold Resources from C$33.00 to C$34.00 in a report on Tuesday, January 7th. Royal Bank of Canada increased their price target on Torex Gold Resources from C$34.00 to C$37.00 in a research note on Friday, December 6th. Finally, CIBC lifted their price objective on Torex Gold Resources from C$36.00 to C$42.00 in a research note on Friday, February 21st. Four investment analysts have rated the stock with a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$36.53.

Torex Gold Resources Stock Up 7.4 %

TSE:TXG opened at C$38.52 on Wednesday. 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 has a one year low of C$17.96 and a one year high of C$38.70. The firm’s 50 day simple moving average is C$32.55 and its 200 day simple moving average is C$29.63. The company has a market cap of C$2.34 billion, a PE ratio of 20.71, a P/E/G ratio of 0.02 and a beta of 1.34.

Insiders Place Their Bets

In related news, Director Caroline Donally purchased 1,000 shares of Torex Gold Resources stock in a transaction on Monday, January 20th. The stock was acquired 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 the company’s stock in a transaction dated Tuesday, January 21st. The shares were sold at an average price of C$28.97, for a total transaction of C$162,898.31. 0.35% of the stock is currently owned by corporate insiders.

About Torex Gold Resources

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.