Torex Gold Resources (OTCMKTS:TORXF) PT Raised to C$21.50 at National Bank Financial

Torex Gold Resources (OTCMKTS:TORXF – Get Rating) had its price objective boosted by analysts at National Bank Financial from C$15.50 to C$21.50 in a research note issued to investors on Friday, The Fly reports.

TORXF has been the topic of several other reports. BMO Capital Markets increased their price target on shares of Torex Gold Resources from C$22.00 to C$23.00 in a research note on Friday. Canaccord Genuity Group boosted their target price on Torex Gold Resources from C$22.00 to C$23.00 in a research report on Monday, November 14th. Scotiabank raised their price target on Torex Gold Resources from C$18.00 to C$19.00 in a report on Thursday, November 10th. Finally, CIBC boosted their price objective on Torex Gold Resources from C$16.50 to C$18.50 in a report on Friday.

Torex Gold Resources Stock Up 2.9 %

Torex Gold Resources stock opened at $13.65 on Friday. The stock has a 50-day simple moving average of $10.50 and a 200 day simple moving average of $8.46. Torex Gold Resources has a 12-month low of $5.75 and a 12-month high of $13.90.

Torex Gold Resources Company Profile

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Torex Gold Resources Inc operates as an intermediate gold producer in Mexico. It primarily holds a 100% interest in the Morelos Gold property that covers an area of 29,000 hectares located southwest of Mexico City. The company's principal assets include the El Limón Guajes mining complex comprising the El Limón Guajes open pits, the El Limón Guajes underground mine, and the processing plant and related infrastructure, and the Media Luna deposit, which is an advanced stage development project.