Torex Gold Resources Inc. (TSX:TXG)
60.27
-1.36 (-2.21%)
Jun 3, 2026, 4:00 PM EST
Torex Gold Resources Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, Torex Gold Resources stock has a consensus rating of "Strong Buy" and an average price target of $97.13. The average 1-year stock price forecast is 61.16% higher than the current stock price, while the lowest is $78.40 (+30.08%) and the highest is $115.00 (+90.81%).
Price Target: $97.13 (+61.16%)
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for Torex Gold Resources stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 6 | 6 | 6 | 6 | 6 |
| Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 12 | 11 | 11 | 11 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $60.09 → $93.00 | Buy | Maintains | $60.09 → $93.00 | +54.31% | May 8, 2026 |
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Maintains $97.00 | Buy | Maintains | $97.00 | +60.94% | Feb 24, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $95.00 | Buy | Maintains | $95.00 | +57.62% | Feb 19, 2026 |
| CIBC | CIBC | Buy Maintains $90.00 → $100.00 | Buy | Maintains | $90.00 → $100.00 | +65.92% | Feb 4, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $72.00 → $95.00 | Buy | Maintains | $72.00 → $95.00 | +57.62% | Jan 26, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.