Torex Gold Resources Inc. (TSE:TXG) Director Caroline Donally Acquires 1,000 Shares of Stock

Torex Gold Resources Inc. (TSE:TXG) Director Caroline Donally bought 1,000 shares of the business’s stock in a transaction on Monday, January 20th. The stock was purchased at an average price of C$27.91 per share, with a total value of C$27,908.00.

Caroline Donally also recently made the following trade(s):

• On Tuesday, November 26th, Caroline Donally purchased 500 shares of Torex Gold Resources stock. The stock was acquired at an average price of C$28.01 per share, for a total transaction of C$14,006.00.
• On Friday, November 15th, Caroline Donally bought 500 shares of Torex Gold Resources stock. The stock was acquired at an average price of C$28.03 per share, for a total transaction of C$14,013.00.

Torex Gold Resources Trading Up 4.6 %

Torex Gold Resources stock opened at C$30.32 on Friday. The company’s fifty day simple moving average is C$28.78 and its 200-day simple moving average is C$26.63. The company has a quick ratio of 2.12, a current ratio of 1.09 and a debt-to-equity ratio of 7.32. Torex Gold Resources Inc. has a 12 month low of C$12.79 and a 12 month high of C$32.75. The stock has a market cap of C$2.61 billion, a P/E ratio of 18.27, a P/E/G ratio of 0.02 and a beta of 1.34.

Torex Gold Resources (TSE:TXG) last announced its quarterly 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 return on equity of 7.12% and a net margin of 11.16%. The business had revenue of C$427.96 million during the quarter. As a group, sell-side analysts forecast that Torex Gold Resources Inc. will post 3.6254502 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have recently commented on TXG. Raymond James increased their price objective on Torex Gold Resources from C$33.00 to C$34.00 in a research report on Tuesday, January 7th. CIBC lifted their target price on shares of Torex Gold Resources from C$33.00 to C$34.50 in a research report on Monday, December 2nd. Royal Bank of Canada boosted their target price on shares of Torex Gold Resources from C$34.00 to C$37.00 in a research note on Friday, December 6th. TD Securities increased their target price on Torex Gold Resources from C$34.00 to C$38.00 in a report on Friday, October 18th. Finally, National Bankshares upgraded Torex Gold Resources from a “sector perform” rating to an “outperform” rating and lifted their price target for the company 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 given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of C$34.81.

Torex Gold Resources Company Profile

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.