Torex Gold Resources Inc (TXG) Receives Buy Rating from Eight Capital

Eight Capital reiterated their buy rating on shares of Torex Gold Resources Inc (TSE:TXG) in a research note published on Thursday.

Other analysts have also recently issued reports about the company. TD Securities upgraded Torex Gold Resources from a hold rating to a buy rating and set a C$24.00 price objective on the stock in a research report on Wednesday, October 25th. Clarus Securities cut Torex Gold Resources from a buy rating to a hold rating in a research report on Wednesday, November 8th. Finally, Scotiabank lowered their price objective on Torex Gold Resources from C$34.00 to C$15.00 and set a sector perform rating on the stock in a research report on Wednesday, November 8th.

Shares of Torex Gold Resources (TSE TXG) opened at C$14.37 on Thursday. Torex Gold Resources has a 1 year low of C$12.42 and a 1 year high of C$33.85.

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About Torex Gold Resources

Torex Gold Resources Inc is a Canada-based resource company. The Company operates through the segment of mineral exploration and mine development and operation in Mexico. The Company is engaged in the exploration, development and operation of the Morelos Gold Property. The Morelos Gold Property is located in the Guerrero Gold Belt in southern Mexico, approximately 180 kilometers to the southwest of Mexico City and 50 kilometers southwest of Iguala.

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