Torex Gold Resources Inc. (TSE:TXG) Director Caroline Donally Buys 500 Shares of Stock

Torex Gold Resources Inc. (TSE:TXG) Director Caroline Donally bought 500 shares of the business’s stock in a transaction on Tuesday, November 26th. The shares were acquired at an average price of C$28.01 per share, with a total value 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 purchased at an average cost of C$28.03 per share, for a total transaction of C$14,013.00.

Torex Gold Resources Trading Up 0.3 %

Shares of TXG opened at C$28.63 on Wednesday. The firm’s 50 day simple moving average is C$28.29 and its 200 day simple moving average is C$24.31. The company has a market capitalization of C$2.46 billion, a P/E ratio of 17.38, a P/E/G ratio of 0.02 and a beta of 1.34. The company has a debt-to-equity ratio of 7.32, a current ratio of 1.09 and a quick ratio of 2.12. Torex Gold Resources Inc. has a 1-year low of C$12.79 and a 1-year high of C$32.10.

Torex Gold Resources (TSE:TXG) last posted its quarterly earnings results on Wednesday, November 6th. The company reported C$1.02 EPS for the quarter, topping the consensus estimate of C$0.82 by C$0.20. The firm had revenue of C$427.96 million for the quarter. Torex Gold Resources had a net margin of 11.16% and a return on equity of 7.12%. Sell-side analysts forecast that Torex Gold Resources Inc. will post 3.6254502 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

TXG has been the topic of a number of recent analyst reports. National Bank Financial raised shares of Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 9th. BMO Capital Markets increased their price target on shares of Torex Gold Resources from C$29.00 to C$30.00 and gave the stock an “outperform” rating in a report on Tuesday, September 10th. TD Securities increased their price target on shares of Torex Gold Resources from C$34.00 to C$38.00 in a report on Friday, October 18th. National Bankshares raised shares of Torex Gold Resources from a “sector perform” rating to an “outperform” rating and increased their price target for the stock from C$31.25 to C$37.75 in a report on Thursday, October 10th. Finally, Cormark increased their price target on shares of Torex Gold Resources from C$30.00 to C$33.00 in a report on Friday, September 6th. Four equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$32.75.

About Torex Gold Resources

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.