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

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

Torex Gold Resources Price Performance

TXG opened at C$29.60 on Friday. The firm’s fifty day moving average price is C$28.41 and its two-hundred day moving average price is C$24.44. The company has a market capitalization of C$2.55 billion, a price-to-earnings ratio of 17.83, 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 announced its earnings results on Wednesday, November 6th. The company reported C$1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.82 by C$0.20. The firm had revenue of C$427.96 million during the quarter. Torex Gold Resources had a return on equity of 7.12% and a net margin of 11.16%. As a group, analysts anticipate that Torex Gold Resources Inc. will post 3.6254502 earnings per share for the current fiscal year.

Analyst Ratings Changes

TXG has been the topic of several research analyst reports. National Bankshares raised shares of Torex Gold Resources from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from C$31.25 to C$37.75 in a research note on Thursday, October 10th. Cormark boosted their target price on Torex Gold Resources from C$30.00 to C$33.00 in a research report on Friday, September 6th. BMO Capital Markets increased their price target on 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. National Bank Financial raised Torex Gold Resources from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 9th. Finally, Scotiabank boosted their price target on shares of Torex Gold Resources from C$33.00 to C$37.00 in a research note on Thursday, November 21st. Four equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price 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.