FY2026 Earnings Estimate for TSE:TXG Issued By Scotiabank

Torex Gold Resources Inc. (TSE:TXG) – Equities researchers at Scotiabank issued their FY2026 earnings per share (EPS) estimates for shares of Torex Gold Resources in a report issued on Wednesday, January 8th. Scotiabank analyst E. Winmill expects that the company will post earnings per share of $3.11 for the year. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share.

Several other equities analysts also recently commented on the stock. TD Securities increased their price objective on shares of Torex Gold Resources from C$34.00 to C$38.00 in a research note on Friday, October 18th. Royal Bank of Canada raised their price objective on Torex Gold Resources from C$34.00 to C$37.00 in a research report on Friday, December 6th. CIBC lifted their price objective on Torex Gold Resources from C$33.00 to C$34.50 in a research report on Monday, December 2nd. Raymond James raised their price target on shares of Torex Gold Resources from C$33.00 to C$34.00 in a report on Tuesday, January 7th. Finally, National Bankshares upgraded Torex Gold Resources from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$31.25 to C$37.75 in a report on Thursday, October 10th. Four 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.com, the company presently has a consensus rating of “Buy” and an average target price of C$34.81.

Torex Gold Resources Price Performance

Shares of TXG stock opened at C$28.78 on Monday. The business has a fifty day simple moving average of C$28.81 and a 200 day simple moving average of C$26.17. The company has a market cap of C$2.47 billion, a P/E ratio of 17.34, a P/E/G ratio of 0.02 and a beta of 1.34. The company has a quick ratio of 2.12, a current ratio of 1.09 and a debt-to-equity ratio of 7.32. Torex Gold Resources has a twelve month low of C$12.79 and a twelve month high of C$32.75.

Torex Gold Resources (TSE:TXG) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of C$0.82 by C$0.20. The business had revenue of C$427.96 million for the quarter. Torex Gold Resources had a return on equity of 7.12% and a net margin of 11.16%.

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.