RBC Capital analyst Michael Siperco maintained a Buy rating on Torex Gold Resources on October 13. The company’s shares closed yesterday at $45.63.
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According to TipRanks, Siperco is a top 25 analyst with an average return of 48.3% and a 73.35% success rate. Siperco covers the Basic Materials sector, focusing on stocks such as Lundin Gold, IAMGOLD, and Orla Mining.
Currently, the analyst consensus on Torex Gold Resources is a Strong Buy with an average price target of $49.33, representing an 8.10% upside. In a report released on October 10, Raymond James also maintained a Buy rating on the stock with a C$58.00 price target.
The company has a one-year high of $46.46 and a one-year low of $18.16. Currently, Torex Gold Resources has an average volume of 41.95K.
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