Torex Gold Resources Inc. (TSE:TXG) Director Purchases C$12,076.08 in Stock

Torex Gold Resources Inc. (TSE:TXG - Get Free Report) Director Rodrigo Sandoval Navarro acquired 751 shares of the stock in a transaction on Friday, May 17th. The stock was bought at an average cost of C$16.08 per share, for a total transaction of C$12,076.08.

Rodrigo Sandoval Navarro also recently made the following trade(s):

• On Thursday, February 29th, Rodrigo Sandoval Navarro acquired 740 shares of Torex Gold Resources stock. The stock was acquired at an average price of C$10.35 per share, for a total transaction of C$7,656.56.
• On Monday, February 26th, Rodrigo Sandoval Navarro acquired 5,000 shares of Torex Gold Resources stock. The stock was bought at an average price of C$9.97 per share, for a total transaction of C$49,843.00.

Torex Gold Resources Stock Performance

TXG traded up C$0.53 during mid-day trading on Friday, reaching C$21.58. 390,912 shares of the company traded hands, compared to its average volume of 257,753. The stock has a market capitalization of C$1.86 billion, a P/E ratio of 6.78, a P/E/G ratio of 0.02 and a beta of 1.33. The company has a quick ratio of 2.12, a current ratio of 1.44 and a debt-to-equity ratio of 2.14. The company's fifty day moving average price is C$19.35 and its 200-day moving average price is C$15.95. Torex Gold Resources Inc. has a 52-week low of C$12.40 and a 52-week high of C$22.24.

Torex Gold Resources (TSE:TXG - Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The company reported C$0.77 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of C$0.98 by C($0.21). Torex Gold Resources had a net margin of 23.16% and a return on equity of 14.68%. The business had revenue of C$384.49 million for the quarter. On average, sell-side analysts expect that Torex Gold Resources Inc. will post 2.4566624 EPS for the current year.

Analyst Ratings Changes

Several research firms have weighed in on TXG. National Bankshares lifted their price objective on Torex Gold Resources from C$25.50 to C$27.00 and gave the company a "sector perform" rating in a research report on Tuesday. CIBC boosted their price objective on shares of Torex Gold Resources from C$21.00 to C$23.00 in a report on Monday, April 15th. Finally, Canaccord Genuity Group boosted their price objective on shares of Torex Gold Resources from C$26.25 to C$28.50 in a report on Tuesday, April 23rd. Two analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of C$25.38.

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.