FY2026 EPS Forecast for Torex Gold Resources Cut by Analyst

Torex Gold Resources Inc. (TSE:TXG) – Investment analysts at Scotiabank dropped their FY2026 earnings per share estimates for shares of Torex Gold Resources in a research report issued to clients and investors on Wednesday, July 15th. Scotiabank analyst E. Winmill now anticipates that the company will post earnings per share of $6.59 for the year, down from their previous forecast of $6.92. The consensus estimate for Torex Gold Resources’ current full-year earnings is $3.63 per share.

Torex Gold Resources (TSE:TXG) last announced its quarterly earnings data on Wednesday, May 6th. The company reported C$2.89 EPS for the quarter. The business had revenue of C$749.79 million during the quarter. Torex Gold Resources had a return on equity of 26.78% and a net margin of 34.17%.

Separately, National Bank Financial upped their price target on Torex Gold Resources from C$98.00 to C$101.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. Four investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of C$85.75.

Torex Gold Resources Trading Up 4.6%

TSE:TXG opened at C$54.98 on Monday. The company has a current ratio of 1.37, a quick ratio of 2.12 and a debt-to-equity ratio of 4.01. Torex Gold Resources has a 1-year low of C$38.80 and a 1-year high of C$85.00. The firm has a market capitalization of C$5.13 billion, a price-to-earnings ratio of 8.81, a PEG ratio of 0.02 and a beta of 1.95. The business’s 50-day moving average price is C$58.25 and its two-hundred day moving average price is C$64.00.

Insider Activity

In other news, insider Daniel James Thomas Rollins purchased 850 shares of the firm’s stock in a transaction dated Tuesday, June 2nd. The stock was bought at an average price of C$61.51 per share, with a total value of C$52,283.50. Following the acquisition, the insider directly owned 13,926 shares of the company’s stock, valued at approximately C$856,588.26. This represents a 6.50% increase in their ownership of the stock. Over the last three months, insiders have acquired 2,250 shares of company stock valued at $137,030. 0.35% of the stock is owned by insiders.

Torex Gold Resources Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, June 4th were given a dividend of $0.16 per share. This is a positive change from Torex Gold Resources’s previous quarterly dividend of $0.15. This represents a $0.64 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend was Thursday, May 21st. Torex Gold Resources’s payout ratio is 3.48%.

About Torex Gold Resources

Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, which is currently Mexico’s largest single gold producer.