Torex Gold Resources (TXG) Price Target Lowered to C$15.00 at Eight Capital

Torex Gold Resources (TSE:TXG) had its price target lowered by Eight Capital from C$20.25 to C$15.00 in a report published on Friday, February 23rd.

Several other equities research analysts also recently issued reports on TXG. Clarus Securities restated a speculative buy rating on shares of Torex Gold Resources in a research note on Wednesday, January 17th. Royal Bank of Canada lowered their price objective 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 lowered their price objective 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 lowered 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 note on Wednesday, November 8th. Finally, Canaccord Genuity lowered their price objective on shares of Torex Gold Resources from C$19.00 to C$18.50 in a research note on Friday, January 19th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of Buy and a consensus price target of C$17.79.

How to Become a New Pot Stock Millionaire

Shares of Torex Gold Resources (TSE:TXG) traded down C$0.62 during mid-day trading on Friday, reaching C$9.00. The company’s stock had a trading volume of 802,875 shares, compared to its average volume of 561,518. Torex Gold Resources has a one year low of C$8.85 and a one year high of C$28.00. The firm has a market capitalization of $834.85, a P/E ratio of -42.86 and a beta of -1.34.

COPYRIGHT VIOLATION WARNING: This story was first posted by BBNS and is the property of of BBNS. If you are reading this story on another site, it was illegally copied and reposted in violation of United States and international trademark & copyright legislation. The original version of this story can be accessed at https://baseballnewssource.com/2018/03/20/eight-capital-cuts-torex-gold-resources-txg-price-target-to-c15-00/1919340.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.

Analyst Recommendations for Torex Gold Resources (TSE:TXG)

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.

 


Latest News

Andujar, Stanton and Torres Shine in Yankees Rout
Andujar, Stanton and Torres Shine in Yankees Rout
Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Almora Jr. and Baez Could Become Cubs new One-Two Tandem
Red Sox Tie Record for Best Start After 17 Games
Red Sox Tie Record for Best Start After 17 Games
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Bryce Harper Hits 406-Foot Home Run While Breaking His Bat
Rick Porcello’s Strong Start Gives Boost to Red Sox
Rick Porcello’s Strong Start Gives Boost to Red Sox
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry
Two Bench Clearing Incidents Revive Red Sox-Yankees Rivalry


Leave a Reply

 
© 2006-2018 BBNS.