Torex Gold Resources Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Torex Gold Resources in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Torex Gold Resources stock.
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Wall Street analysts have given Torex Gold Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Torex Gold Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Torex Gold Resources saw a increase in short interest in June. As of June 30th, there was short interest totaling 746,800 shares, an increase of 34.1% from the June 15th total of 556,700 shares. Based on an average daily volume of 88,900 shares, the days-to-cover ratio is presently 8.4 days.
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Torex Gold Resources is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Torex Gold Resources.

Torex Gold Resources' stock was trading at $11.14 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, TORXF stock has increased by 0.4% and is now trading at $11.18.
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6 brokerages have issued 1 year price objectives for Torex Gold Resources' shares. Their forecasts range from $22.00 to $37.00. On average, they expect Torex Gold Resources' stock price to reach $27.00 in the next year. This suggests a possible upside of 141.5% from the stock's current price.
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Some companies that are related to Torex Gold Resources include (PGO.AX) (PGO), (RLG) (RLG), Aben Resources (ABNAF), African Gold Group (AGGFF), AIC Mines (A1M), Alacer Gold (ALIAF), ALACERGOLD/IDR UNRESTR (AQG), Alchemy Resources (ALY), Alliance Resources (AGS), Amani Gold (ANL), Amex Exploration (AMXEF), Anaconda Mining (ANXGF), Anglo Australian Resources (AAR), AngloGold Ashanti (AGG) and Anova Metals (AWV).
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Torex Gold Resources trades on the OTCMKTS under the ticker symbol "TORXF."

Shares of TORXF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of TORXF stock can currently be purchased for approximately $11.18.

Torex Gold Resources employs 883 workers across the globe.

The official website for Torex Gold Resources is www.torexgold.com.

The company can be reached via phone at 647-260-1500.