FY2026 EPS Forecast for Torex Gold Resources Cut by Analyst

Torex Gold Resources Inc. (TSE:TXG) – National Bank Financial reduced their FY2026 earnings per share (EPS) estimates for Torex Gold Resources in a note issued to investors on Tuesday, February 25th. National Bank Financial analyst D. Demarco now expects that the company will post earnings of $4.42 per share for the year, down from their prior forecast of $4.50. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share. National Bank Financial also issued estimates for Torex Gold Resources’ FY2027 earnings at $3.86 EPS.

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

Torex Gold Resources Stock Up 2.9 %

Shares of TSE TXG opened at C$32.58 on Thursday. The firm 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. The company has a quick ratio of 2.12, a current ratio of 1.00 and a debt-to-equity ratio of 8.09. Torex Gold Resources has a 52-week low of C$13.33 and a 52-week high of C$35.89. The business’s 50 day moving average is C$30.38 and its two-hundred day moving average is C$28.32.

Insider Activity at Torex Gold Resources

In related news, Director Caroline Donally purchased 1,000 shares of Torex Gold Resources stock in a transaction that occurred on Monday, January 20th. The stock was purchased at an average cost of C$27.91 per share, with a total value of C$27,908.00. Also, Senior Officer Faysal Abhem Rodriguez Valenzuela sold 5,623 shares of the business’s stock in a transaction on 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 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.