Caroline Donally Buys 1,000 Shares of Torex Gold Resources Inc. (TSE:TXG) Stock

Torex Gold Resources Inc. (TSE:TXG) Director Caroline Donally purchased 1,000 shares of the firm’s stock in a transaction dated Monday, January 20th. The shares were bought at an average cost of C$27.91 per share, with a total value of C$27,908.00.

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

• On Tuesday, November 26th, Caroline Donally acquired 500 shares of Torex Gold Resources stock. The shares were bought at an average price of C$28.01 per share, for a total transaction of C$14,006.00.
• On Friday, November 15th, Caroline Donally bought 500 shares of Torex Gold Resources stock. The stock was bought 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$30.32 on Friday. The firm has a fifty day moving average of C$28.78 and a 200-day moving average of C$26.66. The company has a market cap of C$2.61 billion, a price-to-earnings ratio of 18.27, a price-to-earnings-growth ratio of 0.02 and a beta of 1.34. 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$32.75.

Torex Gold Resources (TSE:TXG) last posted its earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.82 by C$0.20. Torex Gold Resources had a net margin of 11.16% and a return on equity of 7.12%. The firm had revenue of C$427.96 million during 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 brokerages recently weighed in on TXG. Royal Bank of Canada boosted their price objective on Torex Gold Resources from C$34.00 to C$37.00 in a report on Friday, December 6th. National Bankshares raised Torex Gold Resources from a “sector perform” rating to an “outperform” rating and upped their price target for the company from C$31.25 to C$37.75 in a research report on Thursday, October 10th. Raymond James boosted their target price on shares of Torex Gold Resources from C$33.00 to C$34.00 in a research note on Tuesday, January 7th. TD Securities increased their target price on shares of Torex Gold Resources from C$34.00 to C$38.00 in a report on Friday, October 18th. Finally, Scotiabank lifted their price target on shares of Torex Gold Resources from C$33.00 to C$37.00 in a report on Thursday, November 21st. Four analysts have rated the stock with a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of C$34.81.

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.