Analyst Ratings For Torex Gold Resources (TSE:TXG)
Today, Torex Gold Resources (TSE:TXG) stock was downgraded by TD Securities from Buy to Hold.
There are 1 hold rating, 3 buy ratings on the stock.
The current consensus rating on Torex Gold Resources (TSE:TXG) is Buy (Score: 2.75) with a consensus target price of C$2.46 per share, a potential .
Some recent analyst ratings include
- 2/24/2017-TD Securities was Downgraded by analysts at TD Securities from a “Buy ” rating to a ” Hold” rating.
- 4/29/2016-Cormark initiated coverage with a Buy rating.
- 4/11/2016-Scotiabank Reiterated Rating of Outperform.
About Torex Gold Resources (TSE:TXG)
Torex Gold Resources Inc. is a Canada-based resource company. The Company operates through the segment of exploration and development of mineral properties in Mexico. It is engaged in the exploration, development and operation of the Morelos Gold Property. The Morelos Gold Property includes a land package of over 29,000 hectares and contains over two assets, the ELG Mine, which is in the production-stage, and the Media Luna Project, which is in an advanced-stage of exploration. The Morelos Gold Property is located in the Guerrero Gold Belt in southern Mexico, approximately 180 kilometers to the southwest of Mexico City and approximately 50 kilometers southwest of Iguala. The Guerrero Gold Belt contains various gold deposits and prospects, including Los Filos Mine, located approximately 14 kilometers southeast of the ELG Mine of the Morelos Gold Property. The Morelos Gold Property consists of over seven mineral concessions covering a total area of approximately 29,000 hectares.
Recent Trading Activity for Torex Gold Resources (TSE:TXG)
Shares of Torex Gold Resources closed the previous trading session at 26.96 down -2.33 -7.95% with 717,312 shares trading hands.