Torex Gold Resources Inc. (TSE:TXG) Director Caroline Donally Acquires 500 Shares

Torex Gold Resources Inc. (TSE:TXG) Director Caroline Donally acquired 500 shares of Torex Gold Resources stock in a transaction dated Tuesday, November 26th. The stock was purchased at an average cost of C$28.01 per share, for a total transaction of C$14,006.00.

Caroline Donally also recently made the following trade(s):

• On Friday, November 15th, Caroline Donally purchased 500 shares of Torex Gold Resources stock. The stock was acquired at an average price of C$28.03 per share, for a total transaction of C$14,013.00.

Torex Gold Resources Stock Performance

Shares of TXG opened at C$29.28 on Thursday. The company has a debt-to-equity ratio of 7.32, a quick ratio of 2.12 and a current ratio of 1.09. Torex Gold Resources Inc. has a 1 year low of C$12.79 and a 1 year high of C$32.10. The company has a market cap of C$2.52 billion, a price-to-earnings ratio of 17.72, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. The firm has a fifty day moving average of C$28.35 and a 200-day moving average of C$24.37.

Torex Gold Resources (TSE:TXG) last issued its quarterly earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.82 by C$0.20. Torex Gold Resources had a return on equity of 7.12% and a net margin of 11.16%. The business had revenue of C$427.96 million for the quarter. As a group, equities analysts anticipate that Torex Gold Resources Inc. will post 3.6254502 earnings per share for the current year.

Analysts Set New Price Targets

Several research firms recently weighed in on TXG. TD Securities lifted their target price on shares of Torex Gold Resources from C$34.00 to C$38.00 in a report on Friday, October 18th. National Bankshares upgraded Torex Gold Resources from a “sector perform” rating to an “outperform” rating and increased their target price for the company from C$31.25 to C$37.75 in a research note on Thursday, October 10th. Scotiabank upped their price target on Torex Gold Resources from C$33.00 to C$37.00 in a report on Thursday, November 21st. BMO Capital Markets upped their target price on shares of Torex Gold Resources from C$29.00 to C$30.00 and gave the company an “outperform” rating in a research note on Tuesday, September 10th. Finally, Royal Bank of Canada boosted their price objective on shares of Torex Gold Resources from C$32.00 to C$34.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. Four research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Buy” and an average price target of C$32.75.

Torex Gold Resources Company Profile

Torex Gold Resources Inc operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property, including Morelos Complex, which includes the El Limón Guajes Mine Complex; the Media Luna Project, a processing plant; and related infrastructure that covers an area of 29,000 hectares located southwest of Mexico City.