Torex Gold Resources (TORXF)
CIBC analyst Cosmos Chiu maintained a Buy rating on Torex Gold Resources today and set a price target of C$100.00. The company’s shares closed last Wednesday at $37.96.
According to TipRanks.com, Chiu is a 5-star analyst with an average return of 19.8% and a 56.0% success rate. Chiu covers the Basic Materials sector, focusing on stocks such as Wheaton Precious Metals, Pan American Silver, and Fortuna Mining Corp.
Torex Gold Resources has an analyst consensus of Strong Buy, with a price target consensus of $67.95, implying a 72.0% upside from current levels. In a report released yesterday, BMO Capital also maintained a Buy rating on the stock with a C$89.00 price target.
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