Torex Gold Resources Inc (TXG) PT Lowered to C$19.00 at TD Securities

Torex Gold Resources Inc (TSE:TXG) had its price target decreased by equities researchers at TD Securities from C$24.00 to C$19.00 in a research report issued to clients and investors on Friday, November 10th. The firm presently has a “buy” rating on the stock. TD Securities’ price target would indicate a potential upside of 33.71% from the company’s current price.

Several other research firms have also issued reports on TXG. Scotiabank dropped 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 research report on Wednesday, November 8th. Clarus Securities lowered shares of Torex Gold Resources from a “buy” rating to a “hold” rating in a research report on Wednesday, November 8th.

Torex Gold Resources (TSE:TXG) opened at C$14.21 on Friday. Torex Gold Resources has a one year low of C$12.42 and a one year high of C$33.85.

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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.

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