BMO Capital analyst Ryan Thompson maintained a Buy rating on Torex Gold Resources (OTC:TORXF) on Thursday, setting a price target of $26, which is approximately 121.84% above the present share price of $11.72.
Thompson expects Torex Gold Resources to post earnings per share (EPS) of $0.43 for the fourth quarter of 2021.
The current consensus among 5 TipRanks analysts is for a Moderate Buy rating of shares in Torex Gold Resources, with an average price target of $20.06.
The analysts price targets range from a high of $24 to a low of $17.67.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $216.7 million and a net profit of $68.8 million. The company's market cap is $1 billion.
According to TipRanks.com, BMO Capital analyst Ryan Thompson is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 17.3% and a 57.97% success rate.
Torex Gold Resources, Inc. is a Canadian based resource company, which engages in the exploration and development of precious metal resources with a focus on gold. It holds interest in Morelos gold project. The company was founded on November 13, 1980 and is headquartered in Toronto, Canada.