Analyst Price Target is C$23.72
▲ +66.10% 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 C$23.72, with a high forecast of C$30.00 and a low forecast of C$18.25. The average price target represents a 66.10% upside from the last price of C$14.28.
Current Consensus is
The current consensus among 5 contributing investment analysts is to hold stock in Torex Gold Resources. This Hold consensus rating has held steady for over two years.
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.