Torex Gold Resources Inc. (TSE:TXG - Get Free Report) Director Caroline Donally bought 500 shares of the business's stock in a transaction that occurred on Friday, November 15th. The shares were acquired at an average cost of C$28.03 per share, for a total transaction of C$14,013.00. Following the completion of the purchase, the director now owns 500 shares in the company, valued at C$14,013. This trade represents a ∞ increase in their ownership of the stock.
Torex Gold Resources Trading Down 0.9 %
TSE TXG opened at C$27.60 on Monday. The firm has a 50 day moving average of C$27.68 and a two-hundred day moving average of C$23.91. Torex Gold Resources Inc. has a 52 week low of C$12.66 and a 52 week high of C$32.10. The company has a quick ratio of 2.12, a current ratio of 1.09 and a debt-to-equity ratio of 7.32. The stock has a market capitalization of C$2.37 billion, a PE ratio of 16.63, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34.
Torex Gold Resources (TSE:TXG - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.82 by C$0.20. Torex Gold Resources had a net margin of 11.16% and a return on equity of 7.12%. The business had revenue of C$427.96 million during the quarter. As a group, research analysts expect that Torex Gold Resources Inc. will post 3.6254502 EPS for the current fiscal year.
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Several brokerages recently weighed in on TXG. Royal Bank of Canada upped their target price on shares of Torex Gold Resources from C$32.00 to C$34.00 and gave the stock an "outperform" rating in a research note on Tuesday, September 10th. National Bank Financial raised shares of Torex Gold Resources from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, October 9th. Cormark upped their target price on shares of Torex Gold Resources from C$30.00 to C$33.00 in a research note on Friday, September 6th. TD Securities boosted their price target on shares of Torex Gold Resources from C$34.00 to C$38.00 in a report on Friday, October 18th. Finally, National Bankshares upgraded shares of Torex Gold Resources from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from C$31.25 to C$37.75 in a report on Thursday, October 10th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of C$31.86.
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Torex Gold Resources Company Profile
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Torex Gold Resources Inc operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City.
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