OTCMKTS:TORXF - Torex Gold Resources Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $29.38
  • Forecasted Upside: 107.46 %
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$14.16
▲ +0.09 (0.64%)
1 month | 3 months | 12 months
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Analyst Price Target for TORXF

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$29.38
▲ +107.46% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Torex Gold Resources in the last 3 months. The average price target is $29.38, with a high forecast of $37.00 and a low forecast of $24.00. The average price target represents a 107.46% upside from the last price of $14.16.
Buy
The current consensus among 5 contributing investment analysts is to buy stock in Torex Gold Resources. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/25/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/23/2020
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/22/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/21/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/19/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
1/17/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/18/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
4/17/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetDetails
4/9/2021BMO Capital MarketsBoost Price TargetOutperform$29.00 ➝ $30.00
i
4/6/2021ScotiabankLower Price TargetOutperform$29.00 ➝ $24.00
i
2/25/2021BMO Capital MarketsLower Price TargetOutperform$34.00 ➝ $32.00
i
2/25/2021ScotiabankLower Price TargetOutperform$30.00 ➝ $29.00
i
2/8/2021CIBCLower Price TargetNeutral$28.50 ➝ $26.50
i
1/15/2021BMO Capital MarketsLower Price TargetOutperform$36.00 ➝ $35.00
i
1/11/2021ScotiabankLower Price TargetOutperform$34.00 ➝ $30.00
i
1/8/2021BMO Capital MarketsBoost Price TargetOutperform$35.00 ➝ $36.00
i
11/4/2020TD SecuritiesBoost Price TargetBuy$36.00 ➝ $37.00
i
10/13/2020ScotiabankBoost Price TargetOutperform$33.00 ➝ $34.00
i
10/9/2020BMO Capital MarketsBoost Price TargetOutperform$36.00 ➝ $37.00
i
9/16/2020CIBCBoost Price TargetNeutral$26.00 ➝ $28.50
i
9/8/2020DesjardinsInitiated CoverageBuy
i
9/3/2020ScotiabankLower Price TargetOutperform$36.00 ➝ $33.00
i
8/6/2020TD SecuritiesBoost Price TargetBuy$30.00 ➝ $32.00
i
7/20/2020ScotiabankBoost Price TargetOutperform$32.00 ➝ $36.00
i
5/7/2020ScotiabankUpgradeSector Perform ➝ Outperform
i
4/29/2020CIBCLower Price TargetNeutral$25.00 ➝ $23.50
i
4/24/2020BMO Capital MarketsInitiated CoverageOutperform
i
4/16/2020Royal Bank of CanadaReiterated RatingBuy$23.00
i
Rating by Mark Mihaljevic at Royal Bank of Canada
4/3/2020ScotiabankDowngradeOutperform ➝ Sector Perform
i
3/19/2020Royal Bank of CanadaUpgradeSector Perform ➝ Outperform
i
Rating by Mark Mihaljevic at Royal Bank of Canada
2/25/2020CIBCReiterated RatingHold$23.50
i
2/9/2020Royal Bank of CanadaReiterated RatingHold$22.00
i
Rating by Mark Mihaljevic at Royal Bank of Canada
1/20/2020Royal Bank of CanadaReiterated RatingHold$22.00
i
Rating by Mark Mihaljevic at Royal Bank of Canada
10/18/2019Royal Bank of CanadaSet Price TargetHold$22.00
i
Rating by Mark Mihaljevic at Royal Bank of Canada
9/25/2019CIBCInitiated CoverageNeutral
i
9/5/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$24.00
i
Rating by Dan Rollins at Royal Bank of Canada
6/26/2019Royal Bank of CanadaReiterated RatingBuy
i
Rating by Dan Rollins at Royal Bank of Canada
1/11/2019Royal Bank of CanadaReiterated RatingBuy
i
Rating by Dan Rollins at Royal Bank of Canada
10/23/2017Royal Bank of CanadaReiterated RatingBuy$28.00
i
9/19/2017ScotiabankReiterated RatingBuy$34.00
i
(Data available from 4/17/2016 forward)
Torex Gold Resources logo
Torex Gold Resources Inc. operates as an intermediate gold producer in Mexico. The company also explores for silver, copper, and carbon deposits. It holds a 100% interest in the Morelos Gold property comprising 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 incorporated in 1980 and is headquartered in Toronto, Canada.
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Today's Range

Now: $14.16
$14.08
$15.03

50 Day Range

MA: $13.11
$12.13
$14.07

52 Week Range

Now: $14.16
$10.74
$19.45

Volume

38,932 shs

Average Volume

53,727 shs

Market Capitalization

N/A

P/E Ratio

N/A

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

What sell-side analysts currently cover shares of Torex Gold Resources?

The following sell-side analysts have issued reports on Torex Gold Resources in the last year: BMO Capital Markets, CIBC, Desjardins, Scotiabank, and TD Securities.
View the latest analyst ratings for TORXF.

What is the current price target for Torex Gold Resources?

4 Wall Street analysts have set twelve-month price targets for Torex Gold Resources in the last year. Their average twelve-month price target is $29.38, suggesting a possible upside of 107.5%. TD Securities has the highest price target set, predicting TORXF will reach $37.00 in the next twelve months. Scotiabank has the lowest price target set, forecasting a price of $24.00 for Torex Gold Resources in the next year.
View the latest price targets for TORXF.

What is the current consensus analyst rating for Torex Gold Resources?

Torex Gold Resources currently has 1 hold rating and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe TORXF will outperform the market and that investors should add to their positions of Torex Gold Resources.
View the latest ratings for TORXF.

What other companies compete with Torex Gold Resources?

How do I contact Torex Gold Resources' investor relations team?

The company's listed phone number is 647-260-1500. The official website for Torex Gold Resources is www.torexgold.com.