Torex Gold Resources (TXG) Sets New 1-Year Low at $11.87
Torex Gold Resources Inc (TSE:TXG)’s share price reached a new 52-week low during trading on Tuesday . The company traded as low as C$11.87 and last traded at C$12.60, with a volume of 460233 shares traded. The stock had previously closed at C$12.62.
A number of equities analysts have recently commented on TXG shares. Clarus Securities downgraded shares of Torex Gold Resources from a “buy” rating to a “hold” rating in a report on Wednesday, November 8th. Eight Capital reaffirmed a “buy” rating on shares of Torex Gold Resources in a report on Thursday, November 16th. TD Securities raised shares of Torex Gold Resources from a “hold” rating to a “buy” rating and set a C$24.00 price objective for the company in a report on Wednesday, October 25th. Scotiabank reduced their price objective on shares of Torex Gold Resources from C$34.00 to C$15.00 and set a “sector perform” rating for the company in a report on Wednesday, November 8th. Finally, 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 for the company in a report on Monday, December 4th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of C$18.67.
ILLEGAL ACTIVITY WARNING: “Torex Gold Resources (TXG) Sets New 1-Year Low at $11.87” was first posted by Watch List News and is the property of of Watch List News. If you are accessing this piece of content on another domain, it was illegally copied and republished in violation of United States and international trademark and copyright law. The correct version of this piece of content can be read at https://www.watchlistnews.com/torex-gold-resources-txg-sets-new-1-year-low-at-11-87/1759845.html.
Torex Gold Resources Company Profile
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.
Receive News & Ratings for Torex Gold Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Torex Gold Resources and related companies with MarketBeat.com's FREE daily email newsletter.