Torex Gold Resources (TXG) to Release Earnings on Wednesday

Torex Gold Resources (TSE:TXG) is scheduled to be releasing its earnings data before the market opens on Wednesday, May 9th. Analysts expect Torex Gold Resources to post earnings of C$0.03 per share for the quarter.

TSE TXG opened at C$12.86 on Tuesday. Torex Gold Resources has a 12 month low of C$7.29 and a 12 month high of C$26.23.

A number of research firms have recently commented on TXG. Canaccord Genuity increased their target price on Torex Gold Resources from C$18.50 to C$21.00 in a research note on Monday, April 23rd. Clarus Securities reissued a “speculative buy” rating on shares of Torex Gold Resources in a research note on Wednesday, January 17th. Royal Bank of Canada dropped their price objective on Torex Gold Resources from C$22.00 to C$19.00 and set an “outperform” rating on the stock in a research report on Tuesday, February 20th. Desjardins reaffirmed a “buy” rating and set a C$15.00 price objective on shares of Torex Gold Resources in a research report on Wednesday, February 7th. Finally, Scotiabank set a C$15.00 price objective on Torex Gold Resources and gave the company a “sector perform” rating in a research report on Tuesday, January 9th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of C$17.00.

Torex Gold Resources Company Profile

Torex Gold Resources Inc engages in the exploration, development, and operation of mineral properties. The company explores for gold, silver, and copper deposits. It principally holds a 100% interest in the Morelos Gold property comprising the El Limón Guajes mine and the Media Luna project covering a total area of approximately 29,000 hectares located in the Guerrero Gold Belt in southern Mexico.

Earnings History for Torex Gold Resources (TSE:TXG)

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