▲ +67.71% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Torex Gold Resources Inc. (TXG.TO) in the last 3 months. The average price target is C$30.19, with a high forecast of C$37.00 and a low forecast of C$17.00. The average price target represents a 67.71% upside from the last price of C$18.00.
The current consensus among 6 polled investment analysts is to buy stock in Torex Gold Resources Inc. (TXG.TO). This Buy consensus rating has held steady for over two years.
Torex Gold Resources Inc. engages in the exploration, development, and operation of mineral properties in Mexico. The company explores for gold, silver, copper, and carbon deposits. It holds a 100% interest in the Morelos Gold property comprising the El LimÃ³n Guajes mining complex and the Media Luna deposit that consists of seven mineral concessions covering a total area of approximately 29,000 hectares located in the Guerrero Gold Belt in southern Mexico. The company was formerly known as Gleichen Resources Ltd. and changed its name to Torex Gold Resources Inc. in April 2010. Torex Gold Resources Inc. was founded in 1980 and is headquartered in Toronto, Canada.