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Torex Gold Resources - TXG Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$66.40
  • Forecasted Upside: 7.32%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 1 Strong Buy Ratings
C$61.87 As of 12/4/2025 05:00 PM ET
▼ -1.35 (-2.14%)

This chart shows the closing price for TXG by one month, three months, or twelve months.

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Analyst Price Target for TXG

Analyst Price Target is C$66.40
▲ +7.32% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Torex Gold Resources in the last 3 months. The average price target is C$66.40, with a high forecast of C$90.00 and a low forecast of C$50.00. The average price target represents a 7.32% upside from the last price of C$61.87.

This chart shows the closing price for TXG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 6 polled investment analysts is to buy stock in Torex Gold Resources. This rating has held steady since September 2024, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
6/12/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2024
  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2024
  • 1 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2025
  • 2 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2025
  • 2 strong buy ratings
  • 7 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2025
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/4/2025
  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2025

Latest Recommendations

  • 1 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/23/2025CIBCBoost TargetOutperformC$66.00 ➝ C$90.00
10/15/2025National BanksharesBoost TargetOutperformC$75.00 ➝ C$86.00
10/2/2025Canaccord Genuity GroupBoost TargetC$64.00 ➝ C$77.00
9/24/2025National BanksharesBoost TargetOutperformC$71.00 ➝ C$75.00
8/21/2025Raymond James FinancialBoost TargetC$55.00 ➝ C$58.00
8/8/2025TD SecuritiesLower TargetBuyC$64.00 ➝ C$62.00
7/29/2025DesjardinsBoost TargetBuyC$63.00 ➝ C$65.00
7/29/2025Raymond James FinancialBoost TargetC$47.00 ➝ C$55.00
6/12/2025Royal Bank Of CanadaBoost TargetC$60.00 ➝ C$65.00
6/5/2025National BanksharesSet TargetOutperformC$70.00
6/5/2025DesjardinsSet TargetBuyC$60.00
6/4/2025ScotiabankBoost TargetOutperformC$48.00 ➝ C$50.00
6/4/2025Royal Bank Of CanadaBoost TargetC$50.00 ➝ C$60.00
5/22/2025National BanksharesBoost TargetOutperformC$61.50 ➝ C$70.00
5/2/2025BMO Capital MarketsBoost TargetC$44.00 ➝ C$56.00
4/24/2025DesjardinsReiterated RatingBuy
4/15/2025TD SecuritiesBoost TargetC$39.00 ➝ C$57.00
4/14/2025Cibc World MktsUpgradeHold ➝ Strong-Buy
4/14/2025CIBCUpgradeNeutral ➝ OutperformC$42.00 ➝ C$58.00
4/14/2025CormarkBoost TargetC$46.00 ➝ C$55.00
4/4/2025Raymond James FinancialBoost TargetC$34.00 ➝ C$47.00
4/4/2025Royal Bank Of CanadaBoost TargetC$44.00 ➝ C$45.00
2/21/2025CIBCBoost TargetC$36.00 ➝ C$42.00
2/20/2025BMO Capital MarketsBoost TargetC$36.00 ➝ C$38.00
1/7/2025Raymond James FinancialBoost TargetC$33.00 ➝ C$34.00
12/6/2024Royal Bank Of CanadaBoost TargetC$34.00 ➝ C$37.00
12/2/2024CIBCBoost TargetC$33.00 ➝ C$34.50
11/21/2024ScotiabankBoost TargetC$33.00 ➝ C$37.00
10/18/2024TD SecuritiesBoost TargetC$34.00 ➝ C$38.00
10/10/2024National BanksharesUpgradeSector Perform ➝ OutperformC$31.25 ➝ C$37.75
10/9/2024National Bank FinancialUpgradeHold ➝ Strong-Buy
9/10/2024BMO Capital MarketsBoost TargetOutperformC$29.00 ➝ C$30.00
9/10/2024Royal Bank Of CanadaBoost TargetOutperformC$32.00 ➝ C$34.00
9/6/2024CormarkBoost TargetC$30.00 ➝ C$33.00
9/6/2024ScotiabankBoost TargetC$27.00 ➝ C$29.00
9/3/2024Royal Bank Of CanadaBoost TargetOutperformC$30.00 ➝ C$32.00
8/19/2024ScotiabankUpgradeSector Perform ➝ OutperformC$26.00 ➝ C$27.00
8/9/2024TD SecuritiesLower TargetC$34.00 ➝ C$33.00
7/23/2024Canaccord Genuity GroupBoost TargetC$30.50 ➝ C$32.00
7/10/2024CIBCBoost TargetC$23.00 ➝ C$26.00
6/10/2024National BanksharesBoost TargetSector PerformC$27.00 ➝ C$27.50
6/7/2024Raymond James FinancialSet TargetOutperformC$27.00
6/6/2024Raymond James FinancialUpgradeModerate Buy
5/23/2024ScotiabankBoost TargetC$23.00 ➝ C$25.00
5/14/2024National BanksharesBoost TargetSector PerformC$25.50 ➝ C$27.00
4/23/2024Canaccord Genuity GroupBoost TargetC$26.25 ➝ C$28.50
4/19/2024National BanksharesBoost TargetC$25.00 ➝ C$25.25
4/15/2024CIBCBoost TargetC$21.00 ➝ C$23.00
12/13/2023BMO Capital MarketsBoost TargetC$21.50 ➝ C$23.00
12/1/2023BMO Capital MarketsSet TargetOutperformC$21.50
11/29/2023Royal Bank Of CanadaUpgradeSector Perform ➝ OutperformC$20.00 ➝ C$22.00
11/22/2023National BanksharesLower TargetSector PerformC$19.00 ➝ C$18.25
11/16/2023TD SecuritiesLower TargetBuyC$32.00 ➝ C$30.00
10/23/2023National BanksharesLower TargetSector PerformC$25.00 ➝ C$19.00
10/12/2023CIBCLower TargetC$21.50 ➝ C$21.00
10/3/2023ScotiabankLower TargetSector PerformC$23.00 ➝ C$22.50
7/21/2023National BanksharesLower TargetSector PerformC$25.50 ➝ C$25.00
7/14/2023CIBCBoost TargetC$20.00 ➝ C$21.50
6/19/2023Canaccord Genuity GroupSet TargetBuyC$27.00
5/16/2023National BanksharesLower TargetSector PerformC$26.00 ➝ C$25.50
4/18/2023National BanksharesBoost TargetC$22.00 ➝ C$26.00
3/30/2023CormarkBoost TargetC$20.00 ➝ C$25.00
2/24/2023Canaccord Genuity GroupLower TargetC$25.00 ➝ C$24.00
2/14/2023National BanksharesBoost TargetSector PerformC$21.50 ➝ C$22.00
2/7/2023CIBCBoost TargetC$18.50 ➝ C$20.00
1/19/2023BMO Capital MarketsBoost TargetC$23.00 ➝ C$24.00
1/13/2023BMO Capital MarketsBoost TargetC$22.00 ➝ C$23.00
1/13/2023CIBCBoost TargetNeutralC$16.50 ➝ C$18.50
1/13/2023Stifel NicolausBoost TargetC$21.50 ➝ C$22.00
1/13/2023National BanksharesBoost TargetSector PerformC$15.50 ➝ C$21.50
11/14/2022National BanksharesBoost TargetSector PerformC$15.00 ➝ C$15.50
11/10/2022CIBCLower TargetNeutralC$20.00 ➝ C$16.50
11/10/2022ScotiabankBoost TargetC$18.00 ➝ C$19.00
10/13/2022National BanksharesLower TargetC$15.50 ➝ C$15.00
9/27/2022ScotiabankLower TargetC$24.00 ➝ C$23.00
8/5/2022National BanksharesBoost TargetSector PerformC$15.00 ➝ C$15.50
8/5/2022ScotiabankBoost TargetC$23.00 ➝ C$24.00
7/21/2022National BanksharesLower TargetSector PerformC$22.00 ➝ C$15.00
7/21/2022TD SecuritiesLower TargetC$31.00 ➝ C$27.00
5/12/2022ScotiabankBoost TargetC$22.00 ➝ C$23.00
4/22/2022Canaccord Genuity GroupBoost TargetC$23.00 ➝ C$24.00
4/20/2022National BanksharesLower TargetC$23.25 ➝ C$22.00
4/13/2022CIBCLower TargetNeutralC$21.00 ➝ C$20.00
4/7/2022BMO Capital MarketsLower TargetC$28.00 ➝ C$23.00
4/6/2022ScotiabankLower TargetC$24.00 ➝ C$22.00
4/5/2022Royal Bank Of CanadaLower TargetSector PerformC$20.00 ➝ C$18.00
4/5/2022TD SecuritiesLower TargetBuyC$33.00 ➝ C$31.00
4/5/2022National BanksharesLower TargetSector PerformC$24.00 ➝ C$23.25
4/4/2022CormarkLower TargetMarket PerformC$21.00 ➝ C$20.00
3/17/2022ScotiabankLower TargetC$25.00 ➝ C$24.00
3/2/2022ScotiabankBoost TargetC$24.00 ➝ C$25.00
2/28/2022National BanksharesBoost TargetSector PerformC$23.00 ➝ C$24.00
2/24/2022ScotiabankBoost TargetC$23.00 ➝ C$24.00
1/31/2022Canaccord Genuity GroupReiterated RatingBuyC$24.00
1/26/2022TD SecuritiesLower TargetC$32.00 ➝ C$31.00
1/20/2022ScotiabankLower TargetC$26.00 ➝ C$23.00
1/12/2022CIBCLower TargetNeutralC$22.00 ➝ C$21.00
1/11/2022ScotiabankBoost TargetC$25.00 ➝ C$26.00
10/11/2021CormarkLower TargetC$25.00 ➝ C$24.00
10/8/2021National BanksharesReiterated RatingHoldC$24.00
10/8/2021CIBCReiterated RatingHoldC$22.00
9/17/2021National BanksharesSet TargetSector PerformC$24.00
9/16/2021National Bank FinancialReiterated RatingSector Perform OverweightC$24.00
9/8/2021Royal Bank Of CanadaReiterated RatingHold
9/7/2021Royal Bank Of CanadaBoost TargetNAC$23.00 ➝ C$24.00
8/5/2021CIBCLower TargetNeutralC$23.50 ➝ C$22.00
7/9/2021BMO Capital MarketsLower TargetNAC$27.00 ➝ C$26.00
7/9/2021CIBCReiterated RatingNeutralC$23.00
6/23/2021CIBCLower TargetNeutralC$26.50 ➝ C$23.50
6/17/2021ScotiabankLower TargetC$24.00 ➝ C$22.00
6/17/2021BMO Capital MarketsLower TargetHoldC$29.00 ➝ C$28.00
6/17/2021CIBCReiterated RatingNeutralC$26.50
6/2/2021Royal Bank Of CanadaReiterated RatingSector PerformC$23.00
5/14/2021BMO Capital MarketsLower TargetHoldC$30.00 ➝ C$29.00
4/29/2021CIBCReiterated RatingNeutralC$26.50
4/20/2021Eight CapitalLower TargetBuyC$34.50 ➝ C$33.75
4/9/2021BMO Capital MarketsBoost TargetHoldC$29.00 ➝ C$30.00
3/31/2021CIBCReiterated RatingNeutralC$26.50
2/26/2021BMO Capital MarketsLower TargetNAC$32.00
2/8/2021CIBCLower TargetC$28.50 ➝ C$26.50
1/22/2021Eight CapitalLower TargetBuyC$34.50
1/15/2021BMO Capital MarketsLower TargetC$36.00 ➝ C$35.00
1/11/2021ScotiabankLower TargetC$34.00 ➝ C$30.00
1/8/2021BMO Capital MarketsBoost TargetC$35.00 ➝ C$36.00
(Data available from 12/4/2020 forward)

News Sentiment Rating

0.69 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 8 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/8/2025
  • 7 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/7/2025
  • 4 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/7/2025
  • 9 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/6/2025
  • 5 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/5/2025
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/5/2025
  • 11 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/4/2025
  • 5 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/4/2025

Current Sentiment

  • 5 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Torex Gold Resources logo
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.
Read More

Today's Range

Now: C$61.87
Low: C$61.57
High: C$63.37

50 Day Range

MA: C$61.34
Low: C$54.70
High: C$68.26

52 Week Range

Now: C$61.87
Low: C$26.29
High: C$69.27

Volume

462,422 shs

Average Volume

395,963 shs

Market Capitalization

C$5.95 billion

P/E Ratio

18.20

Dividend Yield

0.91%

Beta

1.043577

Frequently Asked Questions

What sell-side analysts currently cover shares of Torex Gold Resources?

The following Wall Street sell-side analysts have issued stock ratings on Torex Gold Resources in the last year: BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Cibc World Mkts, Cormark, Desjardins, National Bankshares, Inc., Raymond James Financial, Inc., Royal Bank Of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for TXG.

What is the current price target for Torex Gold Resources?

0 Wall Street analysts have set twelve-month price targets for Torex Gold Resources in the last year. Their average twelve-month price target is C$66.40, suggesting a possible upside of 7.4%. CIBC has the highest price target set, predicting TXG will reach C$90.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of C$50.00 for Torex Gold Resources in the next year.
View the latest price targets for TXG.

What is the current consensus analyst rating for Torex Gold Resources?

Torex Gold Resources currently has 5 buy ratings and 1 strong buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TXG will outperform the market and that investors should add to their positions of Torex Gold Resources.
View the latest ratings for TXG.

What other companies compete with Torex Gold Resources?

Other companies that are similar to Torex Gold Resources include EXFO, Metanor Resources Inc. (MTO.V), ROK Resources, Armor Minerals and DeepMarkit. Learn More about companies similar to Torex Gold Resources.

How do I contact Torex Gold Resources' investor relations team?

Torex Gold Resources' physical mailing address is 145 King St W Suite 1502, TORONTO, ON M5H 1J8, Canada. The company's listed phone number is +1-647-2601505. The official website for Torex Gold Resources is www.torexgold.com. Learn More about contacing Torex Gold Resources investor relations.