Torex Gold Resources (TXG) Price Target Cut to C$25.00 by Analysts at BMO Capital Markets
A number of other research analysts have also weighed in on TXG. Desjardins reaffirmed a hold rating on shares of Torex Gold Resources in a research note on Monday, December 11th. Royal Bank of Canada cut their price target on shares of Torex Gold Resources from C$28.00 to C$22.00 and set an outperform rating on the stock in a research note on Monday, December 4th. TD Securities cut their price target on shares of Torex Gold Resources from C$24.00 to C$19.00 and set a buy rating on the stock in a research note on Friday, November 10th. Scotiabank cut their price objective on shares of Torex Gold Resources from C$34.00 to C$15.00 and set a sector perform rating on the stock in a research report on Wednesday, November 8th. Finally, Eight Capital reissued a buy rating on shares of Torex Gold Resources in a research report on Thursday, November 16th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Torex Gold Resources currently has an average rating of Buy and an average target price of C$20.25.
Torex Gold Resources (TSE TXG) opened at C$12.06 on Monday. Torex Gold Resources has a one year low of C$11.53 and a one year high of C$33.85.
Torex Gold Resources Inc is a Canada-based resource company. The Company operates through the segment of mineral exploration and mine development and operation in Mexico. The Company is engaged in the exploration, development and operation of the Morelos Gold Property. The Morelos Gold Property is located in the Guerrero Gold Belt in southern Mexico, approximately 180 kilometers to the southwest of Mexico City and 50 kilometers southwest of Iguala.
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