Discussion stirs around Torex Gold Resources Inc (TSE:TXG) this week; here is what analysts are saying.

February 12, 2018 - By Stephen Andrade

 Discussion stirs around Torex Gold Resources Inc (TSE:TXG) this week; here is what analysts are saying.

Torex Gold Resources Inc (TSE:TXG) Ratings Coverage

Among 5 analysts covering Torex Gold Resources (TSE:TXG), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Torex Gold Resources had 19 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Scotia Capital on Thursday, March 30 with “Outperform”. The firm has “Hold” rating by TD Securities given on Friday, February 24. On Friday, February 24 the stock rating was maintained by Scotia Capital with “Outperform”. The firm has “Hold” rating given on Monday, December 11 by Desjardins Securities. The firm earned “Outperform” rating on Monday, August 24 by RBC Capital Markets. The firm has “Outperform” rating given on Friday, January 6 by Scotia Capital. As per Tuesday, July 21, the company rating was upgraded by Scotia Capital. The firm earned “Buy” rating on Friday, April 29 by Cormark Securities. Below is a list of Torex Gold Resources Inc (TSE:TXG) latest ratings and price target changes.

11/12/2017 Broker: Desjardins Securities Rating: Hold Maintain
10/11/2017 Broker: TD Securities Rating: Buy Old Target: $24.00 New Target: $19.00 Target Down

The stock increased 5.00% or $0.58 during the last trading session, reaching $12.19. About 361,666 shares traded. Torex Gold Resources Inc (TSE:TXG) has 0.00% since February 12, 2017 and is . It has underperformed by 16.70% the S&P500.

Torex Gold Resources Inc. engages in the exploration, development, and operation of mineral properties. The company has market cap of $973.43 million. The firm explores for gold, silver, and copper deposits. It has a 42.62 P/E ratio. It principally holds 100% interest in the Morelos Gold property comprising the El Limón Guajes mine and the Media Luna project covering a total area of approximately 29,000 hectares located in the Guerrero Gold Belt in southern Mexico.

More important recent Torex Gold Resources Inc (TSE:TXG) news were published by: Marketwired.com which released: “Torex Gold Reports a Fatal Accident” on May 25, 2017, also Seekingalpha.com published article titled: “Resource Sector Digest: Torex Gold – I See Nothing”, Seekingalpha.com published: “Torex Gold Resources’ (TORXF) CEO Fred Stanford on Q2 2017 Results – Earnings …” on August 10, 2017. More interesting news about Torex Gold Resources Inc (TSE:TXG) was released by: Marketwired.com and their article: “Torex Reports an Illegal Blockade at the ELG Mine” with publication date: November 06, 2017.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.