Torex Gold Resources Inc Stock Is Rising Now

 Torex Gold Resources Inc Stock Is Rising Now

The stock of Torex Gold Resources Inc (TSE:TXG) is a huge mover today! About 39,983 shares traded hands. Torex Gold Resources Inc (TSE:TXG) has risen 0.95% since April 21, 2016 and is uptrending. It has underperformed by 4.46% the S&P500.
The move comes after 7 months positive chart setup for the $1.56 billion company. It was reported on Nov, 25 by We have $20.50 PT which if reached, will make TSE:TXG worth $109.20M more.

Torex Gold Resources Inc (TSE:TXG) Ratings Coverage

Out of 4 analysts covering Torex Gold Resources (TSE:TXG), 4 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. Torex Gold Resources has been the topic of 10 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Friday, April 29 by Cormark Securities. The company was maintained on Monday, August 24 by RBC Capital Markets. Scotia Capital upgraded the shares of TXG in a report on Tuesday, July 21 to “Sector Outperform” rating.

Another recent and important Torex Gold Resources Inc (TSE:TXG) news was published by which published an article titled: “Torex Gold Resources Announces Q2 2016 Financial and Operational Results” on August 11, 2016.

Torex Gold Resources Inc. is a Canada resource company. The company has a market cap of $1.56 billion. The Firm operates through the segment of exploration and development of mineral properties in Mexico. It currently has negative earnings. It is engaged in the exploration, development and operation of the Morelos Gold Property.

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