TSE:TXG - Torex Gold Resources Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$21.72
  • Forecasted Upside: 92.23 %
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
C$11.30
▲ +0.11 (0.98%)

This chart shows the closing price for TXG by one month, three months, or twelve months.

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Analyst Price Target for TXG

Analyst Price Target is C$21.72
▲ +92.23% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Torex Gold Resources in the last 3 months. The average price target is C$21.72, with a high forecast of C$27.00 and a low forecast of C$15.50. The average price target represents a 92.23% upside from the last price of C$11.30.

This chart shows the closing price for TXG for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 6 investment analysts is to hold stock in Torex Gold Resources. This rating has held steady since September 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/15/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
5/16/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 0 sell ratings
8/14/2021
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/12/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 3 hold ratings
  • 0 sell ratings
2/10/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
5/11/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
7/10/2022
  • 0 strong buy ratings
  • 2 buy ratings
  • 4 hold ratings
  • 0 sell ratings
8/9/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/5/2022National BanksharesBoost Price TargetSector PerformC$15.00 ➝ C$15.50
8/5/2022ScotiabankBoost Price TargetC$23.00 ➝ C$24.00
7/21/2022National BanksharesLower Price TargetSector PerformC$22.00 ➝ C$15.00
7/21/2022TD SecuritiesLower Price TargetC$31.00 ➝ C$27.00
5/12/2022ScotiabankBoost Price TargetC$22.00 ➝ C$23.00
4/22/2022Canaccord Genuity GroupBoost Price TargetC$23.00 ➝ C$24.00
4/20/2022National BanksharesLower Price TargetC$23.25 ➝ C$22.00
4/13/2022CIBCLower Price TargetNeutralC$21.00 ➝ C$20.00
4/7/2022BMO Capital MarketsLower Price TargetC$28.00 ➝ C$23.00
4/6/2022ScotiabankLower Price TargetC$24.00 ➝ C$22.00
4/5/2022Royal Bank of CanadaLower Price TargetSector PerformC$20.00 ➝ C$18.00
4/5/2022TD SecuritiesLower Price TargetBuyC$33.00 ➝ C$31.00
4/5/2022National BanksharesLower Price TargetSector PerformC$24.00 ➝ C$23.25
4/4/2022CormarkLower Price TargetMarket PerformC$21.00 ➝ C$20.00
3/17/2022ScotiabankLower Price TargetC$25.00 ➝ C$24.00
3/2/2022ScotiabankBoost Price TargetC$24.00 ➝ C$25.00
2/28/2022National BanksharesBoost Price TargetSector PerformC$23.00 ➝ C$24.00
2/24/2022ScotiabankBoost Price TargetC$23.00 ➝ C$24.00
1/31/2022Canaccord Genuity GroupReiterated RatingBuyC$24.00
1/26/2022TD SecuritiesLower Price TargetC$32.00 ➝ C$31.00
1/20/2022ScotiabankLower Price TargetC$26.00 ➝ C$23.00
1/12/2022CIBCLower Price TargetNeutralC$22.00 ➝ C$21.00
1/11/2022ScotiabankBoost Price TargetC$25.00 ➝ C$26.00
10/11/2021CormarkLower Price TargetC$25.00 ➝ C$24.00
10/8/2021National BanksharesReiterated RatingHoldC$24.00
10/8/2021CIBCReiterated RatingHoldC$22.00
9/17/2021National BanksharesSet Price TargetSector PerformC$24.00
9/16/2021National Bank FinancialReiterated RatingSector Perform OverweightC$24.00
9/8/2021Royal Bank of CanadaReiterated RatingHold
9/7/2021Royal Bank of CanadaBoost Price TargetNAC$23.00 ➝ C$24.00
8/5/2021CIBCLower Price TargetNeutralC$23.50 ➝ C$22.00
7/9/2021BMO Capital MarketsLower Price TargetNAC$27.00 ➝ C$26.00
7/9/2021CIBCReiterated RatingNeutralC$23.00
6/23/2021CIBCLower Price TargetNeutralC$26.50 ➝ C$23.50
6/17/2021ScotiabankLower Price TargetC$24.00 ➝ C$22.00
6/17/2021BMO Capital MarketsLower Price TargetHoldC$29.00 ➝ C$28.00
6/17/2021CIBCReiterated RatingNeutralC$26.50
6/2/2021Royal Bank of CanadaReiterated RatingSector PerformC$23.00
5/14/2021BMO Capital MarketsLower Price TargetHoldC$30.00 ➝ C$29.00
4/29/2021CIBCReiterated RatingNeutralC$26.50
4/20/2021Eight CapitalLower Price TargetBuyC$34.50 ➝ C$33.75
4/9/2021BMO Capital MarketsBoost Price TargetHoldC$29.00 ➝ C$30.00
3/31/2021CIBCReiterated RatingNeutralC$26.50
2/26/2021BMO Capital MarketsLower Price TargetNAC$32.00
2/8/2021CIBCLower Price TargetC$28.50 ➝ C$26.50
1/22/2021Eight CapitalLower Price TargetBuyC$34.50
1/15/2021BMO Capital MarketsLower Price TargetC$36.00 ➝ C$35.00
1/11/2021ScotiabankLower Price TargetC$34.00 ➝ C$30.00
1/8/2021BMO Capital MarketsBoost Price TargetC$35.00 ➝ C$36.00
11/4/2020TD SecuritiesBoost Price TargetBuyC$36.00 ➝ C$37.00
10/14/2020Eight CapitalBoost Price TargetC$31.00 ➝ C$36.00
10/13/2020ScotiabankBoost Price TargetC$33.00 ➝ C$34.00
10/9/2020BMO Capital MarketsBoost Price TargetC$36.00 ➝ C$37.00
9/3/2020ScotiabankLower Price TargetC$36.00 ➝ C$33.00
8/7/2020CIBCBoost Price TargetC$23.50 ➝ C$26.00
8/6/2020TD SecuritiesBoost Price TargetBuyC$30.00 ➝ C$32.00
7/20/2020Eight CapitalBoost Price TargetC$23.50 ➝ C$25.25
6/24/2020TD SecuritiesReiterated RatingBuyC$30.00
4/29/2020CIBCLower Price TargetC$25.00 ➝ C$23.50
4/24/2020BMO Capital MarketsReiterated RatingOutperformC$29.00
4/23/2020CIBCBoost Price TargetC$23.50 ➝ C$25.00
4/21/2020Eight CapitalUpgradeNeutral ➝ BuyC$22.00 ➝ C$23.50
4/7/2020CormarkDowngradeBuy ➝ Market PerformC$26.00 ➝ C$17.00
4/3/2020ScotiabankDowngradeOutperform ➝ Sector Perform
3/19/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$23.00
2/28/2020Royal Bank of CanadaBoost Price TargetSector PerformC$22.00 ➝ C$23.00
2/25/2020CIBCBoost Price TargetC$21.50 ➝ C$23.50
1/15/2020CormarkLower Price TargetC$26.00 ➝ C$25.00
1/13/2020ScotiabankBoost Price TargetC$24.00 ➝ C$26.00
10/18/2019Royal Bank of CanadaLower Price TargetC$24.00 ➝ C$22.00
9/25/2019CIBCReiterated RatingNeutralC$20.50
9/5/2019Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformC$19.00 ➝ C$24.00
6/26/2019Royal Bank of CanadaBoost Price TargetC$17.00 ➝ C$18.00
5/9/2019Eight CapitalLower Price TargetC$19.75 ➝ C$18.50
2/22/2019Eight CapitalBoost Price TargetC$18.00 ➝ C$19.75
1/11/2019Royal Bank of CanadaBoost Price TargetOutperformC$16.00 ➝ C$17.00
1/11/2019CormarkBoost Price TargetC$17.50 ➝ C$19.50
1/7/2019DesjardinsReiterated RatingBuyC$20.00
10/4/2018Eight CapitalBoost Price TargetC$15.50 ➝ C$16.00
9/6/2018Eight CapitalLower Price TargetC$15.85 ➝ C$15.50
7/24/2018TD SecuritiesDowngradeBuy ➝ HoldC$17.00 ➝ C$13.00
5/10/2018Royal Bank of CanadaLower Price TargetOutperformC$19.00 ➝ C$18.00
3/28/2018BMO Capital MarketsLower Price TargetC$23.00 ➝ C$19.50
3/28/2018TD SecuritiesLower Price TargetC$19.00 ➝ C$14.50
2/23/2018Eight CapitalLower Price TargetC$20.25 ➝ C$15.00
2/20/2018Royal Bank of CanadaLower Price TargetOutperformC$22.00 ➝ C$19.00
2/7/2018DesjardinsReiterated RatingBuyC$15.00
1/17/2018Clarus SecuritiesReiterated RatingHold ➝ Speculative Buy
1/9/2018ScotiabankSet Price TargetSector PerformC$15.00
1/9/2018BMO Capital MarketsSet Price TargetOutperformC$23.00
1/5/2018DesjardinsUpgradeHold ➝ BuyC$16.00 ➝ C$14.50
12/18/2017BMO Capital MarketsLower Price TargetC$35.00 ➝ C$25.00
12/11/2017DesjardinsReiterated RatingHold
12/4/2017Royal Bank of CanadaLower Price TargetOutperformC$28.00 ➝ C$22.00
11/16/2017Eight CapitalReiterated RatingBuy
11/10/2017TD SecuritiesLower Price TargetBuyC$24.00 ➝ C$19.00
11/8/2017Clarus SecuritiesDowngradeBuy ➝ Hold
11/8/2017ScotiabankLower Price TargetOutperform ➝ Sector PerformC$34.00 ➝ C$15.00
10/25/2017TD SecuritiesUpgradeHold ➝ BuyC$24.00
(Data available from 8/10/2017 forward)

News Sentiment Rating

0.35 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 1 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/12/2022
  • 3 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
2/11/2022
  • 2 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/13/2022
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/12/2022
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/12/2022
  • 1 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/11/2022
  • 1 very positive mentions
  • 1 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/11/2022
  • 3 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
8/10/2022

Current Sentiment

  • 3 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Torex Gold Resources logo
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. It also mines for silver, copper, and carbon deposits. 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: C$11.30
Low: C$11.13
High: C$11.50

50 Day Range

MA: C$10.60
Low: C$8.84
High: C$13.24

52 Week Range

Now: C$11.30
Low: C$8.54
High: C$17.43

Volume

37,729 shs

Average Volume

325,518 shs

Market Capitalization

C$970.04 million

P/E Ratio

5.62

Dividend Yield

N/A

Beta

N/A

Frequently Asked Questions

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

The following Wall Street sell-side analysts have issued stock ratings on Torex Gold Resources in the last year: BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Cormark, National Bank Financial, National Bankshares, Inc., Royal Bank of Canada, Scotiabank, and TD Securities.
View the latest analyst ratings for TXG.

What is the current price target for Torex Gold Resources?

9 Wall Street analysts have set twelve-month price targets for Torex Gold Resources in the last year. Their average twelve-month price target is C$21.72, suggesting a possible upside of 94.1%. TD Securities has the highest price target set, predicting TXG will reach C$27.00 in the next twelve months. National Bankshares, Inc. has the lowest price target set, forecasting a price of C$15.50 for Torex Gold Resources in the next year.
View the latest price targets for TXG.

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

Torex Gold Resources currently has 4 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TXG, but not buy more shares or sell existing shares.
View the latest ratings for TXG.

What other companies compete with Torex Gold Resources?

Other companies that are similar to Torex Gold Resources include Equinox Gold, Rupert Resources, IAMGOLD, Orla Mining and Roxgold. Learn More about companies similar to Torex Gold Resources.

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

Torex Gold Resources' physical mailing address is 145 King St W Suite 1502, TORONTO, ON M5H 1J8, Canada. The company's listed phone number is +1-647-2601505. The official website for Torex Gold Resources is www.torexgold.com. Learn More about contacing Torex Gold Resources investor relations.