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Torex Gold (TSE:TXG)
:TXG
Canadian Market

Torex Gold Resources (TXG) Stock Forecast & Price Target

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TXG Analyst Ratings

Strong Buy
6Ratings
5 Buy
1 Hold
0 Sell
Based on 6 analysts giving stock ratings to
Torex
Gold Resources
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

TXG Stock 12 Month Forecast

Average Price Target

C$40.17
▲(4.29% Upside)
Based on 6 Wall Street analysts offering 12 month price targets for Torex Gold Resources in the last 3 months. The average price target is C$40.17 with a high forecast of C$44.00 and a low forecast of C$34.00. The average price target represents a 4.29% change from the last price of C$38.52.
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Highest Price TargetC$44.00Average Price TargetC$40.17Lowest Price TargetC$34.00
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Canaccord Genuity
C$37
Buy
-3.95%
Downside
Reiterated
12/19/24
Canaccord Genuity Reiterates Buy Rating on Torex Gold Resources (TXG:CN) (TORXF)Canaccord Genuity analyst Jeremy Hoy reiterated a Buy rating and Cdn$37.00 price target on Torex Gold Resources (TXG:CN) (OTC: TORXF).
TD Cowen
C$34
Buy
-11.73%
Downside
Reiterated
11/25/24
Torex Gold Resources (TORXF) Gets a Buy from RBC Capital
TD Securities
C$34C$38
Buy
-1.35%
Downside
Reiterated
10/18/24
TD Securities Remains a Buy on Torex Gold Resources (TORXF)
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
Canaccord Genuity
C$37
Buy
-3.95%
Downside
Reiterated
12/19/24
Canaccord Genuity Reiterates Buy Rating on Torex Gold Resources (TXG:CN) (TORXF)Canaccord Genuity analyst Jeremy Hoy reiterated a Buy rating and Cdn$37.00 price target on Torex Gold Resources (TXG:CN) (OTC: TORXF).
TD Cowen
C$34
Buy
-11.73%
Downside
Reiterated
11/25/24
Torex Gold Resources (TORXF) Gets a Buy from RBC Capital
TD Securities
C$34C$38
Buy
-1.35%
Downside
Reiterated
10/18/24
TD Securities Remains a Buy on Torex Gold Resources (TORXF)
Stocks with the Highest Top Analyst Consensus in the Basic Materials Sector
Find stocks in the Basic Materials sector that are highly recommended by Top Performing Analysts.

TXG Analyst Recommendation Trends

Rating
Nov 24
Dec 24
Jan 25
Feb 25
Mar 25
Strong Buy
19
17
13
12
10
Buy
1
1
0
1
1
Hold
3
3
2
2
1
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
23
21
15
15
12
In the current month, TXG has received 11 Buy Ratings, 1 Hold Ratings, and 0 Sell Ratings. TXG average Analyst price target in the past 3 months is C$40.17.
Each month's total comprises the sum of three months' worth of ratings.

TXG Financial Forecast

TXG Earnings Forecast

Next quarter’s earnings estimate for TXG is C$0.43 with a range of C$0.12 to C$0.63. The previous quarter’s EPS was C$1.16. TXG beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 39.74% of the time in the same period. In the last calendar year TXG has Outperformed its overall industry.
Next quarter’s earnings estimate for TXG is C$0.43 with a range of C$0.12 to C$0.63. The previous quarter’s EPS was C$1.16. TXG beat its EPS estimate 100.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 39.74% of the time in the same period. In the last calendar year TXG has Outperformed its overall industry.

TXG Sales Forecast

Next quarter’s sales forecast for TXG is C$221.84M with a range of C$221.84M to C$221.84M. The previous quarter’s sales results were C$412.54M. TXG beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 44.42% of the time in the same period. In the last calendar year TXG has Preformed in-line its overall industry.
Next quarter’s sales forecast for TXG is C$221.84M with a range of C$221.84M to C$221.84M. The previous quarter’s sales results were C$412.54M. TXG beat its sales estimates 0.00% of the time in past 12 months, while its overall industry beat sales estimates 44.42% of the time in the same period. In the last calendar year TXG has Preformed in-line its overall industry.

TXG Stock Forecast FAQ

What is TSE:TXG’s average 12-month price target, according to analysts?
Based on analyst ratings, Torex Gold’s 12-month average price target is C$40.17.
    What is TSE:TXG’s upside potential, based on the analysts’ average price target?
    Torex Gold has 4.29% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:TXG a Buy, Sell or Hold?
          Torex Gold has a consensus rating of Strong Buy which is based on 5 buy ratings, 1 hold ratings and 0 sell ratings.
            What is Torex Gold’s price target?
            The average price target for Torex Gold is C$40.17. This is based on 6 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$44.00 ,the lowest forecast is C$34.00. The average price target represents 4.29% Increase from the current price of C$38.52.
              What do analysts say about Torex Gold?
              Torex Gold’s analyst rating consensus is a Strong Buy. This is based on the ratings of 6 Wall Streets Analysts.
                How can I buy shares of TSE:TXG?
                Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
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