FY2026 EPS Forecast for Torex Gold Resources Cut by Analyst

Torex Gold Resources Inc. (TSE:TXG) – Analysts at Scotiabank dropped their FY2026 earnings per share (EPS) estimates for Torex Gold Resources in a research note issued to investors on Wednesday, February 11th. Scotiabank analyst E. Winmill now forecasts that the company will post earnings per share of $6.87 for the year, down from their prior estimate of $6.94. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share.

Several other analysts have also recently commented on TXG. National Bank Financial decreased their price target on shares of Torex Gold Resources from C$90.00 to C$85.00 and set an “outperform” rating on the stock in a research note on Tuesday, December 9th. TD Securities increased their price objective on Torex Gold Resources from C$78.00 to C$96.00 in a research report on Thursday, January 22nd. Royal Bank Of Canada boosted their target price on Torex Gold Resources from C$77.00 to C$94.00 in a research report on Wednesday, December 10th. Finally, Canadian Imperial Bank of Commerce upped their price target on Torex Gold Resources from C$90.00 to C$100.00 in a research note on Wednesday, February 4th. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Torex Gold Resources has a consensus rating of “Buy” and a consensus price target of C$78.10.

Torex Gold Resources Trading Up 2.3%

TXG opened at C$61.00 on Monday. Torex Gold Resources has a 1-year low of C$30.66 and a 1-year high of C$84.61. The stock has a market capitalization of C$5.87 billion, a PE ratio of 17.94, a PEG ratio of 0.02 and a beta of 1.13. The company has a current ratio of 1.00, a quick ratio of 2.12 and a debt-to-equity ratio of 8.09. The firm has a 50-day moving average price of C$68.36 and a two-hundred day moving average price of C$59.82.

Torex Gold Resources Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Thursday, December 4th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Thursday, November 20th.

Torex Gold Resources Company Profile

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. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project, which is at an advanced stage of exploration.